Binance Research's November report reveals key insights into the cryptocurrency market's resilience and maturity. Despite experiencing the first negative October since 2018, with Bitcoin dropping 3.69%, the market showed signs of strength. Binance Coin (BNB) defied the trend, gaining 6% during the same period.
The report highlights a swift rebound in leverage and sustained positive sentiment among investors. Additionally, the x402 network achieved over 720,000 daily transactions, emphasizing the growing interest in AI-driven payment solutions. Privacy coins also gained traction, with Zcash experiencing a 160% surge in network activity. These developments suggest that the market is not broken but rather evolving and maturing.
Binance Research Highlights Market Maturity Amid October Downturn
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