$BNB Binance recently launched its 63rd project on its Launchpool platform - Bio Protocol (BIO), where users can stake BNB and FDUSD to earn BIO token rewards.

This event has increased the demand for BNB, driving its price up.

Historical data shows that whenever Binance launches a new project requiring BNB staking, the price of BNB usually rises.

Therefore, investors participating in staking for new tokens may also benefit from the increase in BNB's price.