Binance Coin (BNB) continues to exhibit potential for growth as transaction volume on the network rises and its staking yield and inflows surge. Trading at around $600 this Friday, it’s close to its April high of $620. 31 million transactions in the last seven days, according to Nansen data, place BNB among the most active blockchain networks, exceeding Ethereum (ETH), Arbitrum (ARB), and Polygon. Binance Chain saw a notable increase in active addresses by 13% over the past week, reaching 5.2 million. In contrast, Ethereum’s active addresses stood at just 2 million during the same period. This network also generated revenue of over $3 million. Furthermore, BNB is seeing gains from its staking rewards. StakingRewards data shows a significant increase in yield to 6.2% on Friday, surpassing many dividend stocks and ETFs. Inflows for staking have surged by $10 million in the last 30 days. The deflationary nature of BNB also contributes to price movement with its token burn mechanism targeting over $1 billion worth of tokens quarterly. Finally, the integration of Akedo on BNB Chain empowers creators to build and monetize games utilizing AI agents while contributing to a burgeoning Web3 creator movement. Technical analysis suggests continued consolidation for BNB at the 50-day moving average and 50% Fibonacci retracement level before potentially breaking out towards $645, which could signify a potential surge to $800 in the coming months.