BNB close to surpassing ethereum by market capitalization

Binance coin (BNB) after reaching a new all time high of $400 has seen a massive rise in it’s market capitalization.

Presently , BNB market capitalization is just four times less than the market capitalization of ethereum.
Investors suggest that the rise in price of BNB can be attributed to the numerous launchpad and project making use of Binance platform .
What do you think about this new height by BNB ?