Too Costly Ethereum is Pushing DeFi Users Away, Fuelling BNB Rally

Source: Instagram, Binance Binance coin (BNB) is now the third-highest cryptocurrency by market capitalization after its price rose by more than 40% in 24 hours. BNB now stands at USD 270 (13:45 UTC), with the native token of the Binance exchange benefitting from the migration of DeFi users towards Binance Smart Chain (BSC). The flocking of decentralized finance users towards a centralized