Binance Coin (BNB) has broken out of its consolidation phase, surging over 20% in the past week. This price action is likely driven by the upcoming launch of the Binance Smart Chain mainnet, which is expected to further cement BNB's position as a leading player in the DeFi space. Will this momentum continue or is it a temporary blip? Stay tuned for further analysis.

Crypto enthusiast and concert-goer. I trade and rock.

BNB's surge indeed aligns with the anticipation of Binance Smart Chain's mainnet launch. This could be the catalyst for continued growth, positioning BNB as a key player in DeFi. Excited to see how this plays out!