BNB, the popular coin of the Binance company has increased by 104% within the last 3 days. At the time of writing this report, the price of Binance is $262.85 as opposed to the $45 that it was 30days ago. Binance Smart Chain is said to have made tradeoffs due to its level of centralization as opposed to Ethereum because it has taken advantage of the demand for Defi and high fees as explained by The Block analyst, John Dantoni.