Binance News: Pascal Update Boosts BNB Chain Performance and Aave Crypto Sees Whale Profit-Taking

In a move that underscores its commitment to enhancing the performance and usability of its blockchain, Binance has deployed a major update named Pascal on its BNB Chain. This update promises to accelerate and modernize crypto transactions, opening up new possibilities for developers and traders alike. Additionally, in the world of AAVE crypto, a whale has recently taken profit, impacting the price.

Binance Deploys Pascal To Boost BNB Chain Performance

Binance has deployed Pascal, a major update designed to accelerate and modernize crypto transactions on its BNB Chain. This update is seen as a robust improvement for its blockchain, aiming to transform the use cases for both developers and traders. The name Pascal evokes mathematics but hides significant advancements for the blockchain, following in the footsteps of hard forks from Cardano and Ethereum.

Aave Crypto: Whale Takes Profit, Prices Surging

A whale recently gained $1.81 million from AAVE crypto trades but missed out on a larger profit. Between Aug and Nov 2024, the investor accumulated 43,885 AAVE tokens at an average price of $145.9 per token. The whale then staked all tokens but later unstaked and transferred 44,765 AAVE tokens to Binance at $183.27, realizing a 28% gain. These tokens were subsequently deposited into Aave’s liquidity pool for rewards.