Popular analyst and trader Nicholas Merten is unveiling the key reason that's powering Binance Coin's current parabolic ascent en route to becoming the third-largest crypto asset.
In a new video, Merten tells his 428,000 subscribers that the recent delay in the deployment of Optimism, an update for Ethereum to make it faster and more cost-efficient, as the primary reason why perhaps some traders may have temporarily migrated to Binance Smart Chain (BSC) to trade altcoins, pushing up the price of BNB.