TechFlow news, according to CoinMarketCap data, BNB has surged over 22% in the past 24 hours, with a year-on-year increase exceeding 50%. Currently, BNB's market capitalization exceeds $4.6 billion, ranking fifth globally, and multiple BNB trading pairs have experienced sharp price increases.
On September 11, Binance announced the establishment of a $100 million seed fund to support industry ecosystem development, aiming to foster synergy between CeFi and DeFi ecosystems. Meanwhile, Binance Smart Chain will support DeFi mining projects and enable mining across multiple major cryptocurrencies.
On September 12, Binance co-founder He Yi stated during a live broadcast that Binance launched the Binance Smart Chain (BSC) with the goal of surpassing Ethereum, and that BNB's target for this year is to exceed last year's peak levels.
