While BGB competes with exchange tokens like OKB and $BNB
The token surged to an all-time high of $4.90 on Thursday, marking an increase of over 520% in the past 12 months.
In December, BGB climbed from $1.50 to its current high, indicating a monthly gain exceeding 100%.
Despite the recent crypto market downturn and price retractions of $BTC $ETH and other altcoins, BGB has demonstrated strong upward momentum.