#Grayscale Submission of BNB ETF Application I remember when I first entered the industry, I only regarded BNB as a "platform coin," with its fluctuations relying on emotions and bull markets. Looking at it now, it has slowly been drawn into the discussion of "whether it can be accepted by traditional funds."
My long-term outlook on BNB is not because of how much it can rise in the short term.
Rather, I have noticed that amidst tightening regulations and narrative shifts, BNB has become increasingly low-key yet stable. The chain is running, the ecosystem is being utilized, transaction fees are being paid, and it can remain active even in a bear market—these aspects are not sexy, but they are very real.
The market has not been in a good mood these past few days, and mainstream coins can be easily crushed by a single piece of news.
However, seeing the progress of BNB's ETF during such times has actually caused a bit of emotional fluctuation for me: it's not about wanting to rush in, but realizing that some assets are quietly moving towards a stage of "being priced long-term." It doesn't rely on stories for a price increase; rather, it feels like it's waiting for time and patience.
I can't say how things will be in the short term.
But if we look at the longer cycle, my impression of BNB is: when it rises, you may find it slow, but when it falls, you will discover it is always at the table.
