Binance, the world’s largest cryptocurrency exchange in terms of daily trading volume, hosts many altcoin projects. These altcoins also continue to share ecosystem developments. In this article, we will share the coins that have been traded on Binance and have attracted attention with the recently prominent partnerships. Here are the details…
STG will work with Trader Joe’s
Cross-chain is up 13 percent in the last 24 hours after the announcement of its plan to work with Avalanche-based decentralized exchange Trader Joe to unlock bridge protocol Stargate Finance’s native STG token, omnichain NFT. STG has recently climbed from around 60 cents to 92 cents a day. According to crypto data aggregator CoinGecko, it has risen nearly 50 percent in the last seven days and 150 percent this year, outstripping most altcoins in the current broader asset rally.
The partnership with Trader Joe’s means that Stargate will support the increasingly popular JOE token without the need for Trader Joe to maintain a pool of liquidity on the platform. On Monday, Trader Joe announced its integration with LayerZero, making JOE a multi-chain token that will be sent naturally across the Blockchain. STG’s climb also follows Stargate DAO’s acceptance of an offer to reissue the token and airdrop it to all STG holders. The decentralized autonomous organization’s community has been voicing concerns about the security of the tokens due to its confusion with Alameda Research, FTX’s trading arm.
BNB Chain announces two altcoin partnerships
BNB Chain has announced two new Web3 gaming partnerships with GAIMIN and Seedify respectively. In separate blog posts, both published by DAVID.BNB on Feb. 8, BNB Chain confirmed the nature of each deal and the motivations behind it. Building on a previous partnership with GAIMIN focused on Esports and marketing, the new deal with BNB Chain will enable the two organizations to collaborate to support developers and game development, according to the blog.
The partnership with Seedify will focus on another gaming space and help increase BNB Chain’s support for all aspects of Web3 gaming. The blog confirmed that the partnership will focus on the incubator and launchpad and support projects through services like hackathons, research, grants and more.
Flare (FLR) established strategic partnership
announced a strategic partnership with Uppercent. The partnership will lead the two entities to launch an education marketplace powered by NFTs. Flare says this will be the first NFT marketplace dedicated to e-learning. NFTs would be broadcast on the Flare network and used as access passes to unlock access to high-quality online courses delivered by the top 1 percent worldwide.
Uppercent members can buy, sell and trade access passes to special courses created by Uppercent instructors from various fields. Instructors cover a wide range of fields including social media management, business and more. Instructors will talk about lessons learned during their summit journey, covering professional skills such as entrepreneurship, social media and mindset.
Altcoin whale takes action
On the other hand, an unknown whale on Solana Blockchain transferred 7,981,517 SOL tokens worth $184,488,088 at the time of the transfer. The big whale move came as Solana announced a partnership with Brave to bring Solana DApp (decentralized app) support to the iOS and Android versions of the Brave browser. According to the announcement, Brave users will now be able to connect to Solana DApps via Brave’s built-in crypto wallet without leaving the browser. Amelia Daly, head of partnerships at the Solana Foundation, said the new integration is important because it provides users with browser-based links to mobile-optimized Solana programs.
Aptos and Chingari partnership drew attention
Finally, Chingari, a social video network similar to Tik Tok, will soon be on the Aptos Blockchain, following the writing of a recent investment. According to an announcement, as we reported as Kriptokoin.com, India-based decentralized social video network Chingari will partner with Aptos Blockchain as its infrastructure. The Block reported that the announcement was part of an investment between Aptos and Chingari, but neither party has confirmed or clarified the details. Originally Chingari was made available on Solana in 2018 and now has 5 million daily users and over 200 million videos.
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