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<center><img src="https://i.postimg.cc/X7gjmmbG/BNB20324.jpg"/></center>
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<div class="text-justify">At the time of writing the Bitcoin price action was at $67,805 the equivalent of a rally of over 9%, while the Binance portal cryptocurrency BNB reported a recovery to $552 with projected upside continuity, hence the purpose of this post is to socialize the main reasons that may lead BNB to new all-time highs. </div>
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<div class="text-justify">According to Nancy Lubale of the Cointelegraph portal, "BNB's price could target new highs as multiple metrics point to Binance remaining a major player in the cryptocurrency sector." </div>
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<div class="text-justify">The person Lubale is referring to is well-known DeFi analyst at K33 Research David Zimmerman, who has indicated that BNB's "price action has led to increased on-chain activity, and there is life once again in BSC"</div>
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<div class="text-justify">Now, "BNB's performance has been bullish over the past month. The layer 1 token has risen 50% in the last 30 days and 61% in March alone, reaching USD 645 on March 16, its highest value since November 2021"</div>
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<div class="text-justify">On the other hand and According to DappRadar data, "BNB Chain remains a powerhouse among layer 1 blockchains, handling 7.07 million transactions in the last 30 days versus Ethereum's 1.2 million transactions"</div>
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<div class="text-justify"><h3>SOURCES CONSULTED</h3></div>
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<div class="text-justify"><strong> Cointelegraph. </strong> 3 reasons why Binance’s BNB could rally to a new all-time high. <a href="https://cointelegraph.com/news/3-reasons-why-binance-s-bnb-could-rally-to-a-new-all-time-high" rel="noopener" title="This link will take you away from steemit.com"> Link </a></div>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify"> The cover image does not belong to the author: @lupafilotaxia, the image was taken from: <a href="https://cointelegraph.com/news/3-reasons-why-binance-s-bnb-could-rally-to-a-new-all-time-high" rel="noopener" title="This link will take you away from steemit.com"> Cointelegraph </a></div>
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