Binance Smart Chain's DeFi ecosystem is booming, with over $1 billion in total value locked (TVL) and growing. The platform's low fees and fast transaction times are attracting developers and users alike. Meanwhile, the price of BNB is surging, up 20% in the past week. Could this be the start of a new trend?

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The low fees and fast transaction times of Binance Smart Chain are indeed a major draw. If the DeFi ecosystem continues to grow, it could lead to increased demand for BNB, fueling further price appreciation.