Recently, I decided to delve into some of the past projects that Binance has invested in, particularly those that have launched a token and how well those tokens have performed over time. Layer Zero, zksync, $IO, and others have shown impressive performance. In this post, we will focus on the Binance-backed projects that have yet to launch a token, so let’s explore together.
There are three top Binance-backed projects worth investing in: Particle Network, Solayer, and Movement Labs. Particle Network is a leading Layer 1 solution that aims to unify all chains through Universal Accounts. They are currently running an incentive testnet where participants can earn $PARTI points that will later be converted into the main Particle Network token. Solayer, on the other hand, is a restaking network on the Solana blockchain, with its mainnet already live. By staking SOL or other listed LSTs on the Solayer platform, users can receive Solayer LST, offering a unique opportunity for Solana holders.
Particle Network and Solayer are two of the Binance-backed projects that show promising potential for investors. With Particle Network focusing on seamless onboarding, wallet integration, and NFT market creation, and Solayer functioning as a restaking network on the Solana blockchain, both projects offer innovative solutions for the crypto space. As these projects continue to develop, they are definitely worth keeping an eye on for anyone interested in potential investment opportunities.
Original article published at: https://www.nigeriabitcoincommunity.com/binance-backed-projects/
