![](https://public.bnbstatic.com/image/pgc/202404/08d5b74d7f24ade2efb9fb526b817f3b.png)
The price growth of the #BNB token is currently influenced by three factors:
1.This is the price of the market as a whole including top$BTC $ETH
The situation with the CZ case on charges brought by the United States
Of course, it will depend on new projects on Binance Launchpool
Bottom Line: Binance's commitment to reducing the total supply of BNB tokens through the quarterly token burn process is an important factor in maintaining the scarcity and value of the token.
As the company continues to conduct these burns, the impact on the price of BNB remains a metric that is closely watched by the crypto community.