Following major declines in global trading volume, cryptocurrency exchanges across the board have seen significant losses since the start of 2018. Coincidentally, the corresponding exchange tokens have also suffered. However, Binance Coin (BNB) looks poised to defy this trend with a great market response to a recent major announcement.
Earlier today, the Binance team published an article regarding a new, major innovation they are working toward: Binance Chain. Binance Chain represents the leading altcoin exchange’s answer to cost and scalability issues, as well as a viable upgrade to help maintain the exchange’s edge over its competitors.