$BNB

BNB's bullish trend is influenced by token lockups and staking through the BIO Protocol on Binance Launchpool. Lockups reduce circulating supply, increasing scarcity and demand. The BIO farming program, which began on December 24, 2024, has staked 85% of BIO rewards for BNB holders. High staking rewards (up to 12.99%) further incentivize participation, driving demand for BNB. These factors combined have contributed to the upward price movement.