Binance CEO: Blockchain Industry Showed ‘Tremendous Resilience’

Changpeng “CZ” Zhao still sees possibilities amidst the ruins.

The founder and CEO of Binance, the world’s largest cryptocurrency exchange by volume, shared his thoughts about the current battered state of the sector in a statement posted on Twitter on June 23.

‘Tremendous Resilience’

“So far, I believe the blockchain industry has shown tremendous resilience,” Zhao said. “If two years ago, on March 12, 2020, you told me bitcoin’s price would be $20,000 in June 2022, I would be pretty happy. So, why not zoom out for a more balanced perspective?”

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