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Aug 29 1 tweets 1 min read Read on X
Web3 adoption is under 1% globally, with user retention still lagging. It’s time for consumer-facing apps to bring Web3 to everyday users.

Our #Binance research explores how use cases and distribution are key to making Web3 a household name.

Read on 🔽
binance.com/en/research/an…

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More from @BinanceResearch

Jul 31
Binance Research’s new half-year report broken down:

Topic 1: #Bitcoin 👇🧵(0/8)
1/ Bitcoin has had a good first half, and its dominance has been rising, now upwards of 55%. Fundamental metrics, including market cap, trading volume, transactions, hash rate, Lightning Network capacity, and others, have continued to improve.... Image
2/ ….while the Ordinals-driven new era of Bitcoin has progressed in both the fungible and non-fungible token (“NFT”) directions. This includes the continued rise of Bitcoin #NFTs and the launch of its latest fungible token standard, the Runes Protocol… Image
Read 9 tweets
Apr 4
Atomicals Protocol provides a simple way to organize digital objects on the Bitcoin network. What is it and what makes it special?

A quick overview 🧵
1/ What is the Atomicals Protocol?

The Atomicals Protocol is a protocol for minting, transferring and updating digital objects for UTXO blockchains such as Bitcoin. Through Atomicals, users can create and transfer both fungible and non-fungible tokens on the Bitcoin network.
2/ Atomicals

Atomicals, the protocol's NFT variant, are suitable for uses like collectibles and social media. It eliminates the need for a centralized service or middleman serving as a trusted indexer, and does not require modifications to Bitcoin or any secondary layers.
Read 8 tweets
Mar 31
As we head into a new week, let’s recap the last few days. The Weekly Market Highlights is an initiative from the #Binance Research team to round up the week, summarizing key market events and views from the team.

Let's get the ball rolling 🧵👇
1/ Macro/TradFi

The London Stock Exchange is gearing up to introduce a market for exchange-traded notes (“ETN”) for #Bitcoin and #Ethereum, targeting May 28 as the proposed date.
2/ Macro/TradFi (Cont.)

BlackRock CEO Larry Fink has reaffirmed a strongly bullish outlook on Bitcoin's long-term prospects, highlighting that their spot #BTC ETF, IBIT, has become the fastest-growing ETF in history.
Read 16 tweets
Mar 17
As we head into a new week, let’s recap the last few days. The Weekly Market Highlights is an initiative from the #Binance Research team to round up the week, summarizing key market events and views from the team.

Let's get the ball rolling 🧵👇
1/ Macro/TradFi

#Bitcoin's market cap soared past US$1.4T earlier this week, exceeding silver's value and making it the world's eighth most valuable asset at one point.
2/ Macro/TradFi (Cont.)

VanEck has slashed fees for its #Bitcoin spot ETF to zero, applying to the first US$1.5B of funds in its Bitcoin Trust ETF until March 31, 2025.
Read 18 tweets
Feb 8
ERC404 has taken the crypto sphere by storm. What is it and how does it work?

A short thread on the basics 🧵
1/ What is #ERC404?

ERC404 is an unofficial, experimental token standard that aims to combine the characteristics of fungible tokens and NFTs. Note that it has not gone through the usual Ethereum Improvement Proposal (“EIP”) process.
2/ How does it work?

Projects that implement ERC404 will offer #ERC20 fungible tokens and connected #NFTs. Buying 1 full ERC20 token will result in the minting of an NFT in their wallet. If a user has less than 1 full ERC20 token, they will not be entitled to the NFT.
Read 9 tweets
Nov 15, 2023
1/ Rollups are the most popular types of #Ethereum L2 scaling solutions. A number of major rollups have launched solutions that make it possible for developers to launch new rollups based on their tech. Examples include @arbitrum Orbit chains, @optimismFND OP Stack chains, etc.
2/ Rollup-as-a-service (“RaaS”) providers help users deploy and maintain their own rollups. To facilitate this, they provide a range of solutions and services, from rollup management to no-code deployment.
3/ Some notable players: Image
Read 12 tweets

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