BNB Price Skyrockets to Record High of $1,112 as Ecosystem Activity Soars

Binance Coin (BNB) surged past $1,112 this week, hitting an all-time high and establishing itself as a key player in the crypto market. This impressive rise can be attributed to robust activity within the Binance Smart Chain ecosystem. Network activity exploded with over 403 million transactions recorded last month alone, representing a significant 58% growth, while active addresses surpassed 37 million. Transaction fees doubled, reaching $21 million in the process, reflecting a surge in user adoption and network strength.