Binance Coin (BNB) has been on fire lately, and as of approximately 4 hours ago, reached a new all-time-high of $420.23. BNB has now entered the top 3 cryptocurrency projects by market-cap, and seems to show no signs of slowing down anytime soon.
BNB surging ahead, forming bullish trend
With Binance Smart Chain’s rise in popularity (4 million daily transactions, over 2x the daily transactions on Ethereum), and the fact that BNB is the native token for the blockchain, BNB has experienced a real uptick in price action.
Could we soon see a $500 (BNB) token? Now that (BNB) is in price discovery, and the market in general shows no signs of slowing down, I think we’ll see (BNB) hit $500, before it hits $300.