Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
This possibility is very open for BNB, moreover they have the Binance Smart Chain network, which people use every day, even transactions involving BSC are quite large for now, it's a sign that BNB is an alternative for people to make transactions, plus the transaction fees are relatively cheap and can be maximized by people, the possibility of reaching the price of $1k is quite open for BNB.
The supporting factors that have allowed Binance Coin to reach a price of $1K are very strong, namely the Binance Smart Chain Network and the large Exchange. Regarding the relatively cheap transaction fees, it is still inferior to the Matic network. I don't think it's a grip.