As of November 6, 2024, the price of BNB is approximately $571.64, increasing by about 3.2% within 24 hours.

1️⃣ Recent Price Trends

BNB has shown a steady upward trend over the past few months. In October 2024, the price broke through $550 and reached $571.64 in early November, indicating strong market demand for it.

2️⃣ Recent Developments

1. BNB Chain Upgrade: In 2023, BNB Chain announced a technical roadmap, planning to increase the number of active validator nodes from 29 to 100, enhancing network decentralization and transaction processing capacity. 

2. User Activity Growth: According to the Q1 2023 report, the daily active addresses and transaction volume on BNB Chain remained stable, showing ongoing user interest in the network. 

3. DeFi Ecosystem Expansion: DeFi protocols on BNB Chain, such as PancakeSwap and Venus, continue to attract capital inflows, enhancing the utility and demand for BNB.

3️⃣ Future Price Outlook

Considering the technical upgrades of BNB Chain, the growth in user activity, and the expansion of the DeFi ecosystem, the price of BNB is expected to continue rising. However, the cryptocurrency market is highly volatile, and investors should proceed with caution and closely monitor market dynamics.