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COINOTAG News reported on September 29 that Binance founder CZ reviewed developments since his release. Sentenced to four months and incarcerated beginning in May 2024, CZ was released on September 27, 2024, and has now been out of prison for over a year.
In his remarks CZ highlighted several measurable shifts across the cryptocurrency sector: a U.S. administration viewed as more crypto-friendly, fresh price peaks for BNB, BTC and ETH, increased developer activity on BNB Chain, a recalibrated approach at the SEC, rising on-chain transaction volumes, a resurgence in utility tokens and outreach by Giggle Academy.
These on-chain metrics, developer dynamics and regulatory signals are material to market participants evaluating capital allocation and product strategy; CZ also expressed appreciation for ongoing support as the industry evolves.
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