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The number 3 cryptocurrency, with 1,300% rally this year, outshines rivals Bitcoin and Ether
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livemint.comBitcoin and Ether's rival, which is the three largest cryptocurrency by market capitalization, Binance Coin (BNB) has significantly outperformed the two most popular digital tokens. Binance coin has skyrocketed nearly 1,300% this year (year-to-date).
BNB is used widely on Binance, the world’s biggest crypto exchange by volume. It is also the native currency of Binance Smart Chain, a blockchain platform that supports smart contracts for use in decentralized finance (DeFi) and other applications.
Meanwhile, Bitcoin is up 62% in 2021 whereas the second largest cryptocurrency, Ether has surged more than 400% during the said period. Tuesday. Bitcoin, famed for its volatility, has shed more than $21,000 since hitting a record in early
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