Binance Reflects Positive Attitude Toward BRC-20 Token Listings 

  • Binance released an extensive research set of BRC-20 tokens on May 18.
  • 24,677 BRC-20 tokens happen to be minted so far.

Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the main focus from the crypto space to some large degree. Remarkably, crypto exchange Binance is around the frontline investigating the options of onboarding BRC-20 to enhance Bitcoin’s NFT era.

Particularly, Leonidas, a well known Ordinals member on Crypto Twitter, magnified the community’s attention by outlining Binance’s affinity using these Bitcoin-powered innovations.

Apparently, Binance started affirming its progressive steps to onboard Bitcoin Ordinals and BRC-20 in March 2023. First of all, the biggest crypto exchange confirmed its support of Bitcoin Ordinals around the Binance NFT marketplace on May 9. Next, it completely examined and released a research paper on BRC-20. Thirdly, Binance-owned crypto data aggregator CoinMarketCap integrated the support of BRC-20 tokens. 

In addition, Binance Chief executive officer Changpeng Zhao (CZ) had been quite vocal about his anticipation of those Bitcoin innovations. Thus, the crypto community perceives this as confirmative hints of BRC-20 token listings about this CEX. 
Presently, according to data, 24,677 BRC-20 tokens happen to be minted with ORDI dominating the charts. However, the Ordinals NFT collections still exhibit a burgeoning trend within the ecosystem, rivaling top Ethereum and Solana NFTs. Also, prominent figures like Peter Schiff surprised the world by initiating the launch of recent Ordinals NFTs.

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