The recent rise of $BNB BNB is mainly attributed to the rapid expansion of the Binance Smart Chain (BSC) ecosystem, which has attracted a large number of DeFi and NFT projects, increasing the demand for BNB. At the same time, Binance's continuous innovation and product diversification, such as futures and options, further enhance the utility of BNB. In addition, the regular BNB burning mechanism conducted by Binance reduces the circulating supply, supporting the price. The overall upward trend in the cryptocurrency market has also driven the price of BNB. The new collaborations and projects continuously announced by Binance strengthen market confidence and promote the rise of BNB.