BNB, the official currency of Binance, has seen a significant rise since 2020. Here is the breakdown of the rise:

*Main Reasons*

1. *Binance Platform Growth*: Binance has grown significantly since 2020, increasing the demand for BNB.

2. *BNB Use Expansion*: BNB has expanded its uses in various applications such as gaming and financial services.

3. *Rewards Program*: Binance has offered rewards to users who use BNB, increasing the demand.

4. *Corporate Collaboration*: Binance has collaborated with major companies to promote the use of BNB.

5. *Technological Development*: BNB has been continuously developed to improve its performance and security.

*Financials*

1. *Market Cap*: BNB’s market cap rose from $1.4 billion in January 2020 to $45 billion in January 2023.

2. *Price*: The price rose from $12.88 in January 2020 to $340 in January 2023.

3. *Trading Volume*: The trading volume rose from $200 million in January 2020 to $2 billion in January 2023.

*Key Events*

1. *Binance Smart Chain (BSC) Launch*: BSC was launched in September 2020, increasing the use of BNB.

2. *Rewards Program Launch*: The rewards program was launched in October 2020.

3. *Cooperation with Major Companies*: Binance has partnered with companies such as PayPal and Visa.

4. *Expansion in Asia*: Binance has expanded into Asia, increasing the demand for BNB.

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