Is ChangPeng Zhao still hand on the ecosystem of binance?

Although “CZ” publicly committed to focusing on the project of educational initiatives, Giggle Academy, much of its online presence still revolves around the BNB (BNB Smart Chain) in Binance. This caused growing speculation about its persistent effect on the direction of Binance and the entire crypto market.

CZ projects after prison

Cz was forced to leave binance in 2023. He accepted a ban on life to manage the company in an agreement with the US authorities.

After his release after a four -month imprisonment, CZ announced that he would focus on the Giggle Academy, an educational project that will provide free learning worldwide. Former Binance leader also strongly promoted this new initiative before his arrest. One of the goals of the Giggle Academy is to teach children to avoid victims of fraud.

“There are always more opportunities in the future than in the past … Giggle Academy is doing well and in the next few years a lot of my life is engaged … I also devote more time and financing for charity (and education). I have some vague ideas … Oh, binance seems to be good without me on controls, which is excellent. It’s a dream of every founder, ”he shared CZ on X after his release in September.

However, its activity on social networks seems to represent a different situation and in which the BNB chain remains the main object of its attention.

Despite its departure from Binance management, the effect of CZ on the ecosystem of the BNB remains undeniable. Indeed, his interest in the BNB chain led to a significant increase in its volume of transactions, even exceeding the span of Solana.

February 16, Krpto Khan Krypto noted that the volume of transactions after 24 hours of BNB chain exceeded $ 3.73 billion, compared to $ 2.66 billion for Solan. Cz quoted defillama data and stressed that BSC (BNB Smart Chain) exceeded the weekly volume of Solana.

Since then, Solana has renewed her position in mind, the BNB chain returned in the third position after Ethereum. The latest defillama data show that Solana, Ethereum and BNB recorded $ 2.94 billion, 2.24 billion and $ 2.15 billion.

The crypto community responds to the effect of cz on the BNB string

In parallel, again the permanent presence of CZ in the crypto aroused admiration and skepticism. Supporters of the former CEO consider this to be a visionary leader, suggesting that the involvement of ChangPeng Zhao was helpful to grow the crypto sector.

“What is currently happening with the BNB chain is proof that the real dragon cannot be locked!” Cz was imprisoned for four months and forced to leave binance against all logic. He returned, decided to focus on the BNB chain for a short break. He is already doing waves under his leadership and there is no need for the prophet to see that things will become more and more interesting from nowhere, ”wrote Da Viking, the main advisor in Floki.

Others, however, claim that his influence is reckless. The researcher defines Leviathan, in particular, accusations of CZ of the fact that he caused speculative madness on the market crypto.

“Congratulations to CZ, created hundreds of millions of volumes on BNB, while thousands have created false horns that paid millions,” Leviathan wrote.

This criticism also associates with concern that comments CZ evokes waves of transient investments and motivated by the media have triggered a long -term instrument.

The CZ itself acknowledged the excessive interaction of its publications and regretted that any random mention of anything is expected to him. This statement followed the criticism of the explosive rise of the same corners and AI projects after its tweets.

At the core of this controversy, it is also impossible to ignore the recent rebranding binance Labs in YZI laboratories and which CZ described as vision expansion. However, some argue that this change allows CZ to return to the binance ecosystem without violating its ban on the company.

Although YZI Labs officially stands as an independent binance element, many believe that it is a stolen door that allows CZ to maintain an effect on the crypto.

Data Beincrypto, partly, shows that the BNB course has decreased by almost 3 %in the last 24 hours. At the time of writing this article, it was negotiated for $ 656.65.

Morality History: Disable CZ and returns even stronger.