#BNBChain New Chapter: Congratulations to Binance for Winning Against SEC, Welcoming Strategic New Opportunities
On May 29, 2025, Binance and the SEC jointly submitted a motion to officially withdraw the civil lawsuit that had been ongoing since June 2023.
This is not only a significant victory for Binance but also a milestone for our BNB Chain! As a long-term follower of BNB Chain, I would like to briefly discuss the significance of this event for BNB Chain and its future.
1. The Joy of Victory, BNB Chain Clears Development Obstacles!!!
This regulatory tug-of-war lasting nearly two years has finally come to an end! The SEC's withdrawal of the lawsuit makes me applaud Binance and brother CZ's perseverance. This not only proves Binance's efforts on the path of compliance but also clears the development obstacles for BNB Chain.
As Binance stated on X: "This is a turning point for the crypto industry; America's path to innovation is resurging!"
As a full supporter of the BNB chain, I am very confident about the future of BNB Chain.
2. Strategic Turning Point for BNB Chain, Welcoming New Directions
2.1 Ecological Acceleration
The SEC's withdrawal has eliminated regulatory clouds, allowing BNB Chain to focus more on ecological construction.
Recently, the daily trading volume exceeded $6.65 billion, and the daily NFT sales reached $8.2 million, demonstrating its leading position in the DeFi and Web3 fields.
I look forward to #BNBChain continuing to attract more developers. Especially in the BSC section on Alpha, I hope to see more good projects and MEMEs coming up.
2.2 $BNB Price Will Eventually Reach $1000
I have always been optimistic about BNB, and although after the withdrawal, the price of $BNB only slightly rose by 0.4% to $680, there is still a great opportunity to hit $1000.
As a holder of BNB, I am full of expectations for future price performance!
The next step is expected to challenge Wall Street and go for the ETF!
Summary
Congratulations to Binance, this is not only an acknowledgment of Binance's compliance efforts but also an important step for global compliant crypto platforms to enter the U.S. market!
It is said that major exchanges are eager to open the U.S. market.
The Trump administration is actively sending signals to embrace crypto businesses.
