$BNB This week, Binance Coin (BNB) saw a significant increase in market activity. On March 11, 2025, BNB surpassed the $550 mark, trading at approximately $550.84, which represented a 0.81% gain over a 24-hour period. The price surge was largely attributed to reports that MGX invested $2 billion in Binance, boosting overall investor confidence. However, some analysts have raised concerns about the possibility of a future sell-off, advising investors to consider alternative tokens like Web3Bay’s 3BAY. Additionally, there is ongoing discussion about BNB’s ability to remain competitive against other major cryptocurrencies such as Avalanche (AVAX) and BinoFi (BINO).