With the public company Windtree investing $60 million to enter the market, $BNB had a small rally, but the big wave is probably yet to come. After all, $BTC has surged to $120,000, and as the 'first son' of Binance, the largest exchange in the universe, it wouldn't be unreasonable for BNB to reach $1,000 this round.
After all, the Binance ecosystem is becoming increasingly robust, with more on-chain projects leading to a natural increase in BNB demand. Moreover, the burn mechanism is accelerating; the more you buy, the more gets burned, and the price will eventually rise.
Institutions are now starting to pay attention to BNB, and Windtree is just the beginning; there may be more significant funds entering the market later. Therefore, BNB might just be waiting for an explosive opportunity, then directly sprinting to $1,000.