Start your crypto story with the @Binance Year in Review and share your highlights! #2025withBinance.
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Watching #BNB go from $0.10 ICO price 8 years ago to today's $1000 is something words cannot explain.
I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the #BNB and crypto ecosystem, for your support.
We had our challenges along the way, but we worked hard, we built, and we held.
It's truly a community effort!
This is just the beginning. To the next 10000x together! 🤝🤝🤝🤝🙏🙏🙏🙏
Why BNB reach $1000?
Good question. No one knows for sure. Correlation does not prove causation. But here is a incomplete list of possible reasons.
People tend to give me too much credit. I didn't do much. I am not technically involved like Vitalik. I am at best a mascot, but more just a community member.
First and foremost, I think the new pro-crypto US Administration probably made the biggest difference. Their stance influences not only US, but most countries in the world. Most countries now adopt a pro-crypto stance. This is a significant lift for the industry. Rising tide lifts all boats.
Earlier this year, memes made a come back on BNB Chain. I actually made some mistakes that may have hindered meme coin progress on BNB Chain. I never aped meme coins before. In my clumsy learning, I may have caused some PVP, which divided the community a bit.
During the same process, I learned about the negative impact of MEV attacks (again under public eyes). BNB Chain devs, nodes, block builders, wallets, DEX, and other players subsequently spent quite a lot of effort in reduce MEV attacks.
At the same time, BNB Chain improved from 3 second block time to 1.5 seconds, and then again to 0.75 seconds.
Capacity also improved significantly.
Gas fees on BNB Chain was reduced by 10x overnight, making it one of the lowest fee blockchain.
Transaction volume further skyrocketed. BNB Chain becomes the highest transaction volume chain.
Binance Alpha removed the need for project tokens to go to smaller exchanges for listings first. Hence provided a far more streamlined process for projects to progress from DeFi to CeFi. I was not involved in the Alpha design at all. I learned about it on X.
With the come back of meme coins, BNB Chain also saw its transaction volume increase in other sectors, such as stablecoins, DEX, AI and RWAs.
WLF issued the first native stablecoin USD1 on BNB Chain, further boosting the stablecoin liquidity on chain. The previous native stablecoin BUSD (not issued by Binance), was shut down by NYDFS in 2023, just before the 3 banks (Silvergate, Signature, Silicon Valley Bank) where shutdown, leaving a gap that was finally filled by USD1. USD1 grew quickly.
Multiple RWA issuers deployed on BNB Chain.
Hundreds of AI projects deployed on BNB Chain
BNB Chain burned $1.6 billion worth of BNB in the last quarter, and also billions in the previous quarter. People often ask, why burn $1.6 billion? why not spend it on marketing? Well...
SEC dropped their lawsuit (filed under Gary Gensler) against Binance, Binance US and me personally in May. Removing the last attack on BNB potentially being a security. I am not a lawyers, this is my layman understanding. Could be off. But it was definitely good news for BNB.
YZiLabs (and other VCs) invested / incubated dozens of strong projects on BNB Chain.
Existing projects on the chain doing well. Pancake Swap handling huge volumes. Lista competing with Venus on DeFi lending. Four launching memes and RWAs. Aster's awesome TGE...
Multiple DAT companies buying BNB, in the hundreds of millions each.
More builders on BNB Chain. Strong community support. (Thank you! 🙏)
... many other reasons I don't even know about ...
Lastly, the 0.25% rate cut yesterday definitely helped in some way too, even though I don't fully understand it.
Mostly importantly, I expect much more to come from this vibrant ecosystem. Keep building! 👍
Guru Besar UIN Jakarta, Muhammad Amin Suma, menjelaskan hukum pengembalian utang emas.
Ada perbedaan pendapat ulama, apakah mengikuti harga saat berutang atau saat membayar.
>> https://t.co/GvN6YSG26r
#UtangEmas#HukumIslam
“Life humbles you. As you get old, you stop chasing the big things and start valuing the little things.
Alone time, enough sleep, a good diet, friendships, long walks, and quality time with loved ones.
True wealth is peace of mind, and simplicity becomes the ultimate goal.”
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).
I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important.
A silver lining of this whole process is that Binance has been under the microscope. And funds are SAFU.
Protect users!
#BTC
If history repeats...
Next Bull Market peak may occur 518-546 days after the Halving
That's mid-September or mid-October 2025
$BTC #Bitcoin#BitcoinHalving