Last time I had to use ETH, I paid $150 fee for one swap in ETH network. Why would I use that daily? Of course people switch from ETH to BSC, that's the logical thing to do. I can do multiple transactions everyday, I use different defi platforms without worrying about network fees. I take my yield and switch farms and pools freely. Thousands of people use it everyday. It will grow more and more. BNB price can't stay at same level, we see huge increases lately but I'm expecting higher price for BNB.
That's a lot that you've paid for a swap just for one transaction. With those changes, no doubt that BNB is becoming the apple of the eye for those people that have a lot of swaps and transfers that do most of the time just as you and BSC is what they've found as a better alternative for ETH.
It's really showing that there's going to be more price surges because it just did a small dip.
It all matters with the utility of the coin or project itself.As we can see on how ETH transactions becomes too insanely expensive and as mentioned that its just right for people to look for
something alternative and theres no doubt that this had been preferred by many now which it will surely increase its demand and price even more on future months or years to come.
BNB is almost hitting $600 at the moment and cant be stopped.The price is sky rocketing which i didnt expect for it to happen.It just a been a while for it to be hovering in $200+
price and now its almost doubled and might able to hit $1000 anytime soon as long this trend would continue.