BNB made another all time high today, this coin is unstoppable. The main reason is that BNB is a big ecosystem, just like Ethereum but more user friendly and cheaper. Naturally people show interest to Binance Smart Chain more than Ethereum network. BSC transactions are in all time high numbers too. Despite these high number of transactions, fees are very low and they keep going lower. BNB also have limited supply unlike Ethereum, that's why people expect better performance from BNB than ETH.
Well, it's the altcoin rally and almost every coin that has either some basis for reputation by being old and having a community like LTC Monero and especially ETH, are slowly climbing back to their old ATHs or in the case of ETH, exceeding it!
So the same is going for all these other new coins especially BNB now active in Defi.
I initially dismissed BNB but I guess if they find a way to retain their users AND grow utility beyond Defi, it might be a strong contender to ETH.