BNB’s price rise is driven by several key factors:
1. Binance Exchange Growth – Binance remains the largest crypto exchange, increasing demand for BNB as a utility token.
2. Institutional Adoption – More institutional investors are using BNB, boosting its value.
3. DeFi and Ecosystem Expansion – BNB is widely used in decentralized finance (DeFi) and Binance Smart Chain (BSC), adding to its demand.
4. BNB Auto-Burn Mechanism – Binance regularly burns BNB to reduce supply, making the token more scarce and valuable.
5. Market Recovery & Altcoin Season – As the crypto market rebounds, BNB benefits from increased investor interest.