Key points:
Ethereum and Binance are among the safest altcoins on the market.
Both have the fundamentals to see them rally in 2022.
Ethereum has an advantage this year due to the completion of the switch to Eth2.0.
Ethereum (ETH)
Ethereum is the first blockchain network that allows anyone in any country to transact with cryptocurrencies without intermediaries. It also supports smart contracts, giving developers and entrepreneurs access to digital cash – while keeping it decentralized so no entity can take this open-source project down! It is a programmable blockchain that can also be used for Bitcoin transactions. This makes it an amazing tool in the digital world as you can do everything including buying goods from different apps or websites and supporting different apps like games and finance.
Binance Coin (BNB)
Binance Coin (BNB) is the cryptocurrency that pays fees on the Binance exchange. The coin has many applications including being an investment opportunity for multiple platforms such as stocks or ETFs in addition to other assets like loans secured by this crypto: The token also powers some applications where users split bills by paying what would otherwise turn out to be costly transactions. The BNB also supports loans, transfers and entertainment, for example by buying tickets online.
Which is a Better Buy?
Both Ethereum and Binance coins are great investments. They have growth potential and are among the safest altcoins on the market.
However, this year, Ethereum has a lot of news coming this year that could make Binance coin swoon in gains. One of the main factors likely to boost its growth is the completion of the Ethereum 2.0 transition later this year.
Ethereum 2.0 will improve Ethereum’s scale and its gas prices will be much lower than ever. The deflationary characteristics of Ethereum will increase the demand for ETH as demand increases.
All of this and the growing bullish momentum in the broader market could see Ethereum prices soar to new highs this year.
The post-Ethereum v Binance Coin: Why ETH Could Surpass BNB in 2022 first appeared on Coin Journal.