Binance CEO Richard Teng asserts that the crypto sector has proven its resilience amid recent market swings. He notes broad support from a wide range of industry participants and investors. The remarks underscore a belief that crypto’s fundamentals remain intact despite volatility.
Despite market turbulence, Teng says ongoing adoption and institutional interest continue to bolster the crypto ecosystem. He points to ongoing product and infrastructure improvements that support long-term growth.
Volatility may unsettle investors in the short term, but the Binance chief remains confident. He expects crypto to endure and attract further capital as the industry solidifies its foundations.
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