The bull that was once predicted seems to have come true (BNB surpasses a $100 billion market cap)
Yesterday, BNB first broke above $800, and BNB's total market capitalization surpassed $110 billion. The bull market predicted five years ago seems to have materialized today. On July 25, 2020, I first wrote about my long-term judgment on BNB in a public account, titled 'Long-term Judgment on BNB'; at that time, BNB's price was $18, with a total market capitalization of $2.7 billion. Subsequently, I wrote several articles supplementing the logic of a long-term view of a $100 billion market cap. In the 2021 bull market, BNB's total market capitalization exceeded $90 billion but did not reach $100 billion. This year, it has officially broken through. Looking back now, some of the logic has been validated, while some have been falsified, but overall, it can be considered a successful prediction. This article serves as a conclusion to the prediction made five years ago!
Someone asked me what I think about HYPE? Let’s compare it to BNB and share my views.
I got a message on the public account asking: What’s the take on HYPE? The underlying question here is: Can HYPE become the next BNB? I thought about it seriously and here’s my take. Let's cut to the chase: HYPE is solid, but it’s not the same beast as BNB. The narratives are different. HYPE is a good play in the crypto game, while BNB serves as the backbone of the crypto finance world. A good play is worth buying, but infrastructure is what you want to stack for the long haul. What’s so great about HYPE? The Hyperliquid product is genuinely out there, not just propped up by stories and community shills. The on-chain contract experience is rock solid—fast speed, strong liquidity, real users, plus it generates revenue, has fees, and buybacks. In a way, HYPE is starting to look less like a typical altcoin and more like a 'certificate of rights for an on-chain exchange.'
It's a great time to stack up on #googl stocks. Long-term, AI is bound to take a spot like Google, from chips to big models. But the ultimate investment for humanity should be $SPCX space; the stars and the ocean are humanity's final narrative. If internet narratives are 1D, then crypto is 2D, AI is 3D, and space resource exploration is 4D or even N-dimensional, with zero competition.
If you think the national economy is struggling: just grab the CSI 300.\nIf you think your personal finances are tight: just pick up the S&P 500.\n\nIf you think local tech is having a rough time: just buy the ChiNext index.\nIf you think human tech is facing challenges: just go for the Nasdaq 100.\n\nIf you think you're having a tough time, just stack some BTC and BNB.
Stocks on Binance are the real deal, and the biggest difference from tokenized stocks is that they actually pay dividends. I bought #googl last week, and this week I just got my payout.
Lastly, and often overlooked, is that the valuation system of BNB might undergo some changes. In the past, the market defined it as an exchange platform token, but if Binance truly completes its evolution from Crypto to Multi Asset, then to Tokenization and Global Finance, BNB will no longer just be tied to an exchange, but rather an ecosystem asset of a global financial super app. Once the valuation logic switches, the price system the market provides will also change completely. So, I believe the market is currently trading on just a piece of news: Binance can now buy US stocks. But the real question is, is Binance transitioning from the world's largest crypto exchange to the world's largest multi-asset financial gateway? If this direction holds, then for BNB, the US stock business might just be the beginning; in the future, more and more assets around the world could be traded through Binance, and BNB will become one of the key value anchors in this ecosystem.
Many folks think that Binance adding US stocks is just another service, translating into more fee income and a bit of user growth for BNB. But I reckon the market might only be seeing the tip of the iceberg.
The first layer is definitely user growth. In the past, many traders came to Binance to buy BTC, ETH, and various altcoins. In the future, trading US stocks, ETFs, and even more traditional financial assets in one account means Binance isn't just catering to crypto enthusiasts anymore but to a broader global investor base. For any platform company, user scale is the most crucial moat, and since BNB is the core asset of the entire ecosystem, it will naturally enjoy the benefits of platform expansion.
The second layer is that the use cases for BNB will keep expanding. If in the future, you can buy Bitcoin, Nvidia, Google, or the S&P 500 ETF all in one Binance account, BNB might take on more functionalities like discounted fees, VIP tiers, collateral loans, ecosystem payments, and on-chain Gas fees. The real value of an asset doesn’t lie in the concept but in its usage frequency; the more diverse the use cases, the stronger its value capture ability.
The third layer, which I find the most imaginative, is RWA, or the tokenization of real-world assets. Today we see US stocks, but tomorrow it could be ETFs, gold, bonds, or even real estate funds. As more real-world assets exist in token form, BNB Chain, with Binance's massive user traffic and trading access, has a solid chance of becoming a key network for these assets. This means BNB Chain isn’t just about Memes and DeFi anymore, but increasingly about real financial assets.
The fourth layer is that Binance's positioning is also evolving. Many still see it as a crypto exchange, but if in the future it also encompasses Crypto, Stocks, ETFs, Stablecoins, RWA, lending, and payment services, it resembles more of a global asset management platform—almost like a blend of Robinhood, Coinbase, Interactive Brokers, and PayPal. And BNB will increasingly serve as the value carrier of this super ecosystem.
Binance's Late-Night 'Surprise' Launch of US Stocks: Creating a Super APP for Global Financial Infrastructure
Crypto enthusiasts have been buzzing about a major piece of news these days. If you open Binance in the past few days, you’ll find that besides the familiar BTC and ETH, there’s a whole new world—US stock and ETF trading. Curious, I personally tested it out. Although there’s still a slight 'technical barrier' in the operation, it worked effectively, and I effortlessly bought a share of GOOGL (Google) in the app. Many might ask: Didn't Binance previously have US stock quarterly/perpetual contracts? What's new about this? Note, this time is completely different.
Buy or hold #bnb Instead of selling When you feel super anxious and want to sell, execute a buy When you really want to buy, sell. Emotions are the contrary indicator for trading.
BNB really has a shot at flipping ETH in market cap; the ETH team seems to have thrown in the towel and is going fully decentralized. Binance is always innovating, waiting to drop a bombshell!
Yesterday I successfully picked up 2.8 shares of Google. The whole process went smooth. For those using a VPN, make sure to avoid Mainland China and US IPs, and you'll be good to go.