Binance buybacks and BSC soar boost BNB bull market
Source: CoinWorld
Time: 2025-09-13 21:11:19
BNB soared to a new high of $940 thanks to its dual role as Binance native token and BNB smart chain fuel. On March 10, the trading volume of the BSC-based decentralized exchange surpassed Ethereum, driving BNB's 30-day gains by more than 80% and a weekly increase of nearly 30%. Binance’s continued buybacks since 2017 and the growing popularity of BSCs have supported its value, but its sustainability depends on external DeFi/NFT demand and its competition with Ethereum. Technical indicators do not show overbought signals, but in the context of rapid rise, it is recommended to operate with caution.