Binance Reviews The Month In Cryptocurrency And Highlights DeFi

Binance Reviews The Month In Cryptocurrency And Highlights DeFi

Binance, the online cryptocurrency exchange, has released their monthly review, highlighting the historic rise of decentralized finance.

Binance, the largest cryptocurrency exchange in the world by volume, has recently released their monthly review of the cryptocurrency space, highlighting the massive growth in the decentralized finance (DeFi) sector. Besides the launch of Binance Smart Chain, Binance has also committed $100 million in support of decentralized finance through the creation of an acceleration program.

As decentralized finance continues to grow at an extremely fast pace, Ethereum, the network that almost all of these decentralized finance apps are built on, has been a month of increasing and decreasing. The cryptocurrency market hit an over 2 year high in early September, before slightly falling and recovering, with both Bitcoin and Ethereum following this pattern. In the midst of this changing market, Binance has been progressing forward with the implementation of many different decentralized and centralized programs, as well as concentrating on the sector by hosting conferences, such as the DeFi Summit: The World of DeFi. As Binance continues to expand in the United States as well as around the world, there has been a large increase in the price of BNB following the continued improvements and innovations that Binance is implementing.

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