$BNB The BNB currency has recently recorded a significant increase, reaching a new all-time high of $1,111, which has allowed it to surpass some other cryptocurrencies in market value. This rise is attributed to several reasons, including ¹ ²:

- *Increased usage*: Rising usage indicators for BNB, which boosts demand for it.

- *Regular burn operations*: Binance periodically burns BNB tokens, reducing supply and enhancing value.

- *Institutional investment*: BNB attracts significant investments from whales and companies, supporting its price.

*Latest prices for BNB:*

- *Current price*: $1082.99

- *Market capitalization*: $156.50 billion

- *Price change*: -2.94% in the last 24 hours

*Important news:*

- *PayPay acquisition*: The digital payment service PayPay, a subsidiary of SoftBank, has acquired a 40% stake in the Japanese branch of Binance.

- *Compensation program*: Binance launched a $400 million compensation program to assist traders affected by the market crash ¹.

BNB
BNB
976.51
-0.93%