According to Cas Abbé, BNB is increasingly used for paying gas fees, participating in governance, and joining IDOs, making it pivotal in the crypto ecosystem. Notably, a significant BNB Chain network upgrade named 'Maxwell Hardfork' is scheduled for this month. Historically, such upgrades can boost network efficiency, increase transaction throughput, and attract developer activity, potentially enhancing BNB demand and on-chain utility. Traders should monitor BNB price movements and trading volumes as the upgrade date approaches, as previous hardforks have often led to price volatility in the short term and long-tail market opportunities. Source: @cas_abbe via Twitter, June 1, 2025.