Binance: its present and its great future.

Zion - The House of Crypto · 2023-03-13T13:20:55.000Z

Several months have passed in which the media has grown tired of discrediting and pointing out the Binance platform as "insolvent". Ironically speaking, in this last week, 2 large banks in the United States have collapsed. It is too evident that there is a coordinated operation on the part of the United States government to systematically attack the world of cryptocurrencies. This is due to the fact that the current political administration of Biden has been very unpleasant for most Americans. In economic matters, inflation in that country has reached historic numbers. There is great discontent and dissatisfaction among citizens that is being noticed. Regarding Binance, the world's largest cryptocurrency buying and selling platform, it has maintained its course and projections, meeting the goals set by its CEO Changpeng Zhao, demonstrating to the whole world the importance of economic freedom, trust, and all the great benefits that decentralized finance brings. Let's take a look at these statistics: THE RESERVES According to DefiLlama data, despite the global economic situation in the market, Binance's reserves have grown to $77.42 billion. STRESS TEST The following data is VERY IMPORTANT to keep in mind since due to the extreme FUD that the Exchange went through, it survived a "great stress test" by processing more than 10 BILLION withdrawals in just days. MARKET SHARE In addition to its reserves, Binance has also increased its market share. According to Cryptocompare data, it has shown a significant consecutive increase during the last 4 months, growing its spot volume by 13.7% to reach $504 billion. This clearly shows enormous growth despite a current bearish market, solidly supporting "stress tests" and demonstrating its great efficiency. "Currently, Binance not only consolidates itself as the largest Exchange in the world but also the confidence in this platform is at its highest point." Finally, one more piece of information about the BNB CHAIN is that the blockchain reflects the highest number of daily active users, having almost the same number as the Bitcoin, Ethereum, and Polygon Blockchains combined!! Lucas Ortiz. Journalist and digital marketing consultant.