The Binance Coin (BNB) price has experienced significant growth recently due to the expansion of its ecosystem. The BSC network, on which BNB operates, has surpassed top blockchains like Solana and Ethereum in terms of decentralized exchange (DEX) volume. In the past seven days, the BSC network's DEX volume increased by over 66% to reach $32 billion, contributing to a total monthly volume of over $113 billion. BSC has also surpassed Solana in terms of both weekly and cumulative DEX volume. Several BSC protocols, such as PancakeSwap and THENA network, have seen substantial volume growth. Despite concerns about Binance's venture into meme coins, the BNB coin price has demonstrated strong technicals, forming a cup and handle pattern on the weekly chart. It is currently trading near its all-time high and may continue rising, with the next key target at $800 and the potential for further gains to $1000.



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