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Changpeng Zhao, the co-founder and former CEO of Binance, recently took to his X account on October 16, making a notable appeal to Coinbase. He urged the American cryptocurrency exchange to consider listing more altcoins from the BNB Chain ecosystem, highlighting the necessity for a balanced representation between Binance and Coinbase regarding project endorsements. Zhao’s appeal underscores the idea that while Binance has been supportive of many projects on the Base network, Coinbase has yet to show the same openness toward any BNB Chain projects.
BNB Chain Activity Gains Attention
In his post, Zhao emphasized that the BNB Chain stands as one of the most active public blockchains in the current market conditions. Referencing Binance’s recent endeavors that included various projects on the Base network, he articulated the notion that Coinbase adopting a similar inclusivity would cultivate diversity within the industry. Such a move, according to Zhao, could foster a more cooperative environment in the bustling world of cryptocurrencies.
In his statement, Zhao said, “I think Coinbase should list more BNB Chain projects. Binance has included a few Base projects, but I believe Coinbase has yet to list even one BNB Chain project.” He made it clear that his call to action was not an investment recommendation but rather a suggestion aimed at increasing inclusivity within the sector.
Coinbase Includes BNB in Listing Roadmap
Surprisingly, in the early hours of October 16, Coinbase announced that BNB coin has been added to its official listing roadmap. This development, following Zhao’s statement, rekindled discussions around the ongoing competition between the two exchange giants. Historically, Coinbase has maintained a distant stance on the BNB ecosystem. However, listing BNB coin might signify a shift toward nurturing closer ties with rival blockchains such as BNB Chain while continuing its growth on the Base network.
Zhao’s comments were perceived as a call for clarity and cooperation between ecosystems, resonating widely in the crypto space. Following Coinbase’s move, BNB coin experienced a brief upward trend in price, though it was stifled by the broader market decline. According to CryptoAppsy, BNB coin was trading at $1,185 at the time, having fallen 2.05% during the day. Despite recent gains positioning the altcoin as the fourth-largest cryptocurrency behind Tether’s USDT, BNB continues to retain its status within the market.
