Binance Coin (BNB) rallied to a new all-time high of $76, ie. up almost 1,500 percent since the start of 2021.
This means that BNB has already reached 35 percent of Ethereum’s market cap,
Needing less than triple from here to overtake it.
Also, Binance Smart Chain is used as a viable Ethereum alternative because of its low fees. Messari’s Ryan Watkins said on Twitter that Binance has incredible reach and influence in Defi