Binance is a company, just like Coinbase. With the difference that Binance has a coin that can be used for many things. Binance has all kinds of services that Coinbase can only dream of. And yet Coinbase is worth 100 billion. What is Ethereum doing here? Ethereum is decentralized. That is the biggest difference. OK, Binance has that too, but Ethereum was there earlier. That is the current reason why ETH is more valuable than BNB even though Ethereum has no real use cases.
Both coins are my biggest investment, long before Bitcoin was worth 10k after the March crash.
And I think that the ETH can still double before 2.0 takes place, but for me the BNB is worth more.
Something like that can be compared with Tesla and VW, Tesla sells 1 million cars a year, VW 20 million, but Tesla is worth more despite that, although the cars sold cost the same.
Strange world.