Binance recently announced the completion of integrating 19 new decentralized applications (dApps) into its Web3 wallet, highlighting the exchange’s commitment to the Web3 space. This integration allows users to interact with a variety of dApps through simple steps using the Binance Web3 Wallet.
The list of integrated dApps includes notable names such as Dodo, Radiant Capital, Maverick, WooFi, CyberConnect, QuickSwap, GMX, Gala Games, BinaryX, 1inch, Maker, Compound, Curve, Convex, Frax Finance, Sushi, Yearn Finance, Alpaca, and BiSwap. This move is expected to enhance user experience and expand the utility of the Binance Web3 Wallet.
Following a tumultuous period for Binance, which saw the departure of its CEO, known as CZ, after he admitted to charges, the BNB Coin experienced a significant price drop. This event caused a stir in the cryptocurrency market and impacted the valuation of BNB.
Recently, two different analysts provided contrasting price predictions for BNB Coin. Ali Martinez suggested a potential rise to $310, while Daan de Rover predicted a drop below the $200 level. At the time of these predictions, BNB was trading at $257.
As of this writing, the price of BNB has risen by 6% to $271, indicating a trend towards Martinez’s forecast. The daily trading volume of BNB decreased by 2% in 24 hours to $1.24 billion, while its overall market cap increased by 16% to $41.1 billion.
While the future price trajectory of BNB remains uncertain, it is suggested that the changes within the company and the movements in Bitcoin‘s price could influence BNB’s upward trend. However, there is still no certainty as to the level to which the price may move.