The rise of $BNB may have the following reasons

1. The Trump administration may open IPOs to cryptocurrency companies, including Binance US.

2. According to multiple sources, Binance is not being acquired, but is introducing strategic shareholders, which may be government-level. Currently, Abu Dhabi or Dubai are more likely

3. BNB chain has made a lot of moves recently, such as chain development and upgrades, and official participation in pool additions, which are very aggressive.