Binance System Volume Up 60% vs ATH!

@agr8buzz 68

about 3 years ago

LeoFinance

Where you have people you have network, where you have people and network you have value.

CZ tweeting yesterday.. "For reference, the system volume just now was 60%+ more than our previous ATH at peak."

Part of a larger message addressing system latency issues among other issues caused by a spike in network traffic.

This is a good problem to have!

Being able to scale is pretty important but I'm pretty sure Binance has that covered.

60% Boost in System Volume

That's versus the previous ATH which I'm going to assume is back in late 2017. Binance is likely setting ATH's daily right now, but a 60% boost is impressive

Binance is in a great position to benefit fully from a bull market and the new interest in crypto that comes with it.

They've got:

Binance card
Binance pay
BNB ecosystem
Binance smart chain
Additional offerings on the way

How Many User Does Binance Have?

Apparently Binance may be one of the fastest startups in history to reach unicorn status (1 B+ Valuation). And how about Coinbase goin from a $483M valuation to an $8B valuation in just over a year!

These are possibly the major global financial institutions that we will bank with for the next 100 years.

I was able to find an interview with CZ from 2020.

He suggests that they support roughly 15 million users, and this is from July 2019. I'll take a shot in the dark and say they're now upwards of 25 million users.

Don't sleep on BNB token.