🟡 $BNB today: new L1, burns, and ETFs
$BNB is trading around $739 with neutral sentiment. The important developments are on the network:
✅ New L1 announced: over 100K TPS, designed for high-frequency trading and AI agents, with BNB for gas, staking, and governance
✅ 37th quarterly burn: ~1.65M BNB (~$1.2B)
✅ BNB ETFs: +$98.9M in October, the best month since May
✅ Jenner hard fork on testnet: 5% of gas fees allocated to payments
⚠️ To watch: DOJ investigation and MiCA license in Europe.
Will the new L1 drive more demand for $BNB ?