What's Behind This Rally?
The record high in the price of $BNB is not just a market wave.
Supply constraints: Regular token burns + institutional purchases are driving up the price.
Positive news flow: VanEck's BNB ETF application, if approved by the end of the year, could multiply institutional interest.
Market share: High trading volume, discounted transaction fees, and staking opportunities are creating sustained demand for BNB.
However, it should not be forgotten: Regulatory risks and Ethereum-Solana competition are on the table.
How long the rally will last, we will see together.
