Binance lists the anticipated PENDLE token on its exchange. Sentiment around the protocol and token improves as BNB price starts to surge.
The announcement of PENDLE on Binance could bring new users and increase activity on Binance and improve sentiment surrounding the exchange and its protocol.Over the last 24 hours, the number of active addresses on the Binance network has increased by 5.8%. Due to this spike in activity, the revenue generated by the protocol has grown by 14.1% as well.Coming to Binance’s native token BNB, its price increased significantly over the last week, owing to a decline in negative sentiment.
The marketcap of BUSD continued to decline in the past month. Coupled with the declining market cap, the velocity of the stablecoin also fell, suggesting low activity occurring with BUSD.
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