Binance has once again captured the spotlight, pushing to new all-time highs just hours ago with its native token reaching $963. The rally reflects both market optimism and the platform’s expanding dominance in the crypto ecosystem. Top analyst Darkfost shared insights that highlight a key driver behind this surge: the explosive growth of ERC-20 stablecoin reserves on Binance.

According to the data, Binance’s ERC-20 stablecoin holdings have reached an unprecedented $40 billion, a milestone that underscores the platform’s role as the primary liquidity hub for crypto traders worldwide. To put this in perspective, on January 8, 2023, reserves stood at only $7.3 billion. In less than two years, reserves have expanded by 475%, climbing to nearly $42 billion today.

This sharp growth has been f

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