BNB continues its upward path with news that reinforces its leadership. MGX, an Abu Dhabi fund focused on AI and advanced technology, invested $2 billion in Binance. This institutional backing boosted the price of BNB by 3.8%, surpassing $580.
But that's not all: CZ proposed to reduce transaction fees on the BNB Chain by up to 90%, aiming to improve competitiveness against networks like Solana. Currently, BNB processes over 7.2 million daily transactions with an average fee of just $0.01.
Everything points to a clear strategy: more adoption, fewer barriers. Bullish?