BNB has the best performance out of the top 10 altcoins

by in Cryptocurrency News


Over the past 24 hours, the digital currency Binance Coin (BNB) has achieved the best results. This coin has skyrocketed in value by over 10% and is now trading at a three-week high.

At the time of publication of this review, the BNB rate has risen to $ 303. The market capitalization of the altcoin on the night of Wednesday, March 31, reached $ 46.71 billion.

Bitcoin became the growth driver of the cryptocurrency market again, having risen in price on the next positive news. PayPal has provided an opportunity for its customers who own digital currency to pay for goods and services with it. You can use both BTC and Litecoin, Ether, and Bitcoin Cash.

Trending: Ethereum developer Afri Schoedon diagnosed with coronavirus

Even though Binance Coin is not on this list, this coin still became the growth leader from the top ten. A long phase of BNB consolidation was observed around $ 200. After that, the ascent resumed, and analysts do not exclude that BNB will be able to gain a foothold at values ​​above $ 400 in early April without any problems.

Cryptocurrency network performance is also gradually recovering. This is also because the Binance Chain network begins to compete with Ethereum, which is still the best blockchain for service developers.

According to BSCScan, the network now processes an average of 2.63 million transactions per day. Recall that in mid-March, network indicators were at a historic high. The number of daily transactions then exceeded 3.72 million transactions.