New allegations appeared, claiming that Binance intentionally hinders the Solana momentum to protect the BNB code, and throw the encryption market in controversy.
He adds to the list of times when the largest exchange was accused of trading volume measures using the winter market maker to influence prices.
Does Binance hinder Solana in favor of BNB?
Analyst Marti raised the Discussion Party on X (Twitter), claiming that Binance was working with Market Maker Wintermute to prevent Solana’s market value from bypassing BNB.
He shared what he called “receipts”, and wondering how Binance exchange Sol for trading activity when Por Reserves (Por) does not show any holdings of Solana outside customer deposits.
As of the time of writing this report, Solana was trading at $ 203 at a value of $ 109.7 billion, behind the BNB price of $ 865.97 and 120.6 billion dollars.
In fact, the Binance Guide to the reserves does not appear any Solana holdings outside customer deposits from 22.433 million Sol symbols. The holdings consist of 22.013 million in the exchange budget and 420.35 in the third -party custody.
Meanwhile, this is not the first time that Binance and Wintermute have been linked together in the market controversy.
Five months ago, the reports suggested that Wintermute was involved in coordinated sales linking small symbols such as ACT. Benance is also associated with activity.
Likewise, seven months ago, Binance also faced an audit of more than $ 20 million of encryption transactions associated with Wintermute.
Beincrypto reported that this has sparked hot discussions on uninterrupted relationships between exchanges and market makers. Beincrypto also explores the role of market makers beyond providing basic liquidity and preventing price fluctuations.
Critics Argue If Binance uses Wintermute to influence liquidity flows and suppressing Solana, it will represent direct conflict in interests.
Concerning, this will undermine the credibility of both Pors and fair markets.
Industry voices call for work with the market at a crossroads
These allegations raised questions about the dominance of Binance and the weakness in the stock market.
“So” the “new system” is worse than the old system? Why does any of us accept any fragile system … corrupt … and are remedial? When will Binance be closed? books Alan Knitowski, Founder and former CEO of Cisco Systems and Phaunware Inc.
These notes highlight the increasing frustration between the traditional warriors (Trafi) who enter Crypto. Many of them believe that Blockchain markets will provide a more transparent alternative to old systems.
Instead, the repeated accusations of manipulation and conflicts of interest may nourish doubts.
The accusations come at a pivotal time for Solana, which witnessed an explosive adoption via Defi, NFTS and Meme coins.
Its ascension as a potential competitor to Ethereum dominance, and now, apparently, for Bnance’s BNB symbol.
Whether the claims are accurate, the controversy reflects the fragile confidence on which the encryption markets are based.
On the one hand, the Solana community sees a network that rises towards the prevailing adoption. On the other hand, critics say that well -established players may be engineering ceilings actively to maintain their hegemony.
The organized tension, investors, and developers who face the same question that has not been resolved leaves: How much energy should the central stock exchanges still suffer from the results of the market?
The Post Binance faces allegations of market games as Solana approaches BNB first appeared on Beincrypto.
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2025-08-24 23:00:00
