BNB (BNB) is the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. Currently, BNB is trading at 759.70 USD, with an increase of 21.05 USD (2.85%) compared to the previous close. The intraday high is 760.88 USD and the low is 727.24 USD.
Recently, $BNB BNB reached a new all-time high of 715 USD, surpassing its previous record of 690 USD set in 2021.
This increase in the value of BNB can be attributed to several factors:
1. Growth of activity on BNB Chain: An increase in transactions and network usage has strengthened the demand for BNB.
2. Developments and updates on the platform: Improvements in Binance's infrastructure and the expansion of its services have increased investor confidence in BNB.
3. General trends in the cryptocurrency market: The recent upturn in the market, with Bitcoin and other altcoins reaching new highs, has positively influenced the value of BNB.