Binance Coin Hits New Highs, Targeting $700 After BSC Fee Slash

Binance Coin (BNB) is surging toward new highs, driven by a significant drop in fees on the Binance Smart Chain (BSC). The recent 90% reduction in gas fees has boosted investor confidence and increased network activity. This surge follows a proposal from Binance founder Changpeng Zhao to cut these fees. As a result, BNB’s price is up sharply, reaching $634, an increase of 3% over the last 24 hours. Analysts suggest this bullish momentum could propel BNB beyond $700 and even break new all-time highs (ATH).