$BNB In 2021 Binance's cryptocurrency reached a market cap of more than 90 billion U.S. dollars twice, after being worth less than 7 billion in 2020. Indeed, the digital coin's market cap rally in 2021 places it in the top three of cryptocurrencies with the highest market cap. The latest increase follows after the BNB price increased due to speculation that the demand for the coin would increase as Binance created a one billion U.S. dollar fund for new DeFi (decentralized finance) applications to be built within their own blockchain - called Binance Smart Chain or BSC.

The crypto hasn't seen any significant rise and fall for the past few weeks since the market has become bearish and stagnant