In the coming week, several factors may influence the price increase of BNB Chain:
1. Token Burn: BNB Chain regularly conducts token burns to reduce the circulating supply. This burn can increase the value of BNB due to the rising scarcity.
2. Increased Developer Activity: A surge in developer activity in the BNB Chain ecosystem indicates growth and innovation that can attract more users and investors, potentially increasing the price of BNB.
3. Stablecoin Strategy: BNB Chain is building a stablecoin-based payment infrastructure to encourage DeFi and Web3 adoption. This move can enhance the utility of BNB and attract more users to its ecosystem.
4. Positive Technical Analysis: The cup and handle chart pattern in technical analysis indicates a potential price increase of BNB up to $1,155, which may attract investor interest.
Considering these factors, BNB Chain has the potential to experience a price increase in the upcoming week. However, it is important to remember that the crypto market is volatile, and investments should be made with careful consideration.