How Are Ethereum, Binance, and Runfy Shaping The Future Of Crypto?

How Are Ethereum, Binance, and Runfy Shaping The Future Of Crypto?

Crypto has been around since 2009 but only started gaining popularity in recent years. Since the initial creation of crypto and Bitcoin, the first-ever cryptocurrency to exist, the general crypto market has come a long way. With huge developments, it seems as if crypto is only getting bigger in society with more and more companies and restaurants accepting crypto as payment. But how are projects including Ethereum (ETH), Binance (BNB), and Runfy (RUNF) shaping the future of crypto?

World Domination – Ethereum (ETH)

Ethereum is the largest blockchain in the crypto market and its native token, ETH, is the second-largest cryptocurrency, following one step behind Bitcoin. Ethereum had played a large role in the crypto space especially when it comes to blockchain technology and smart contracts.

The main reason that Ethereum has seen such big success is due to its smart contract technology. Smart contracts are vital building blocks of all Ethereum applications and are essentially computer programs that convert traditional contracts into digital ones. The main advantage of smart contracts is that they follow an 'if this then that' structure, meaning they behave exactly as they are programmed to and cannot be manipulated.

Known for its security and scalability, Ethereum has come a long way in the market and there's no stopping now. In the next week or two, Ethereum is expected to finally transition into Ethereum 2.0, also known as the Ethereum merge. This is something that has been in the works for quite some time now and will help Ethereum improve its features and technology even further, making it stronger and securer. With the anticipation of its merge, it seems likely for Ethereum to withhold its position in the market and continue to get bigger and better.

The Brilliance Of Binance (BNB)

Binance is the biggest crypto exchange platform in the market and has over 10 million monthly users. With a huge platform and ecosystem, its native token BNB is currently ranked 5th by market capitalisation.

A major part of the Binance platform is its blockchain, the Binance Smart Chain (BSC) which was created in 2020, about a year and a half after the launch of its previous blockchain, Binance Chain. However, the BSC is a developed version as it also includes smart contract technology to mimic the functionality of Ethereum.

This was a good move for Binance as various projects use BSC to support their crypto projects and currencies as it is efficient, safe, and secure.

Learn To Run Before You Can Crawl – Runfy (RUNF)

Runfy is a new project to enter the market and is very different to the generic crypto projects. Runfy's platform is 100% community-driven and empowers users to take care of their physical health and wellness. With the purpose to encourage users to stay active by rewarding them with rewards for exercising, Runfy puts its users first.

Runfy is built on the BSC which has the lowest transaction fee yet is also safe and secure for users. Using smart technology, Runfy has the ability to track fitness progress and reward users with RUNF tokens once goals have been achieved. For example, a user can set their goal to lose a certain amount of weight or walk a certain amount of steps over a period of time. Once this is locked in, the user will start to earn RUNF tokens. Additionally, there will be fitness challenges in which RUNF tokens can also be earned.

With this unique take on crypto, Runfy seems to have the potential to do well in the long term and possibly shape the future of crypto.

Learn more about Runfy here:

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