BNB is the Binance platform token, used for fee discounts and participation in IEOs, among other things. The larger Binance becomes, the more valuable BNB is; periodic token burns reduce supply and push up prices. Binance is about to conduct a quarterly burn, and the market is speculating in advance, as the burn directly reduces circulating supply, providing solid support for the coin price. Recently, several new spot trading pairs have been launched, trading volume has increased, and platform revenue is rising, so BNB, as a 'platform tax,' naturally benefits. The overall environment is warming up, with funds flowing back to top exchange tokens, and BNB, as the 'Moutai of the crypto world,' is being eyed for its safe-haven and growth attributes. In simple terms, it's a triple buff of 'burn expectation + rising trading volume + capital safety,' surging in the short term, but we need to see if the market's enthusiasm can be sustained.
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