The Bitcoin dominance index has fallen by 20 percentage points since the start of 2021. Meanwhile, ETH dominance is up nearly by 4 percentage points. Binance Coin (BNB) has also grown steadily this year, from 0.71% to 4.17%. BNB is supported by several fundamental factors, like increasing adoption of the Binance platform and a coordinated burn of $600 million worth of tokens in the first quarter.