What’s Driving BNB’s Rally?

[bonk]

BNB Chain Momentum: September’s gains were powered by multiple catalysts:

Franklin Templeton expanded its Benji Investments platform to BNB Chain.

Ultra-low transaction fees and high trading volumes attracted fresh capital.

Aster DEX activity surged, contributing to record weekly on-chain metrics.

Despite this bullish backdrop, some indicators hint that the market may be entering an overheated phase, driven by FOMO. Traders should be aware of potential short-term volatility. ️

[jacson4]

Aster’s surge is impressive, but the FOMO-driven heat makes short-term volatility likely.

[EmTeam]

Strong on-chain metrics don’t erase the risk of a sharp cooldown if the market is overheated.