The price of BNB climbed nearly 2% in the past 24 hours to top the $760 mark, with data showing a burst of activity behind the price rise.
Volume spiked nearly 50% above daily averages, according to CoinDesk Research’s technical analysis model. The price action followed a textbook two-phase accumulation: early consolidation, then a breakout driven by coordinated buying that pushed through technical resistance levels.
This tailwind coincides with recent developments from Binance, a key player in BNBâs ecosystem. The crypto exchange launched a web version of its Binance Wallet, letting users approve trades for up to seven days in advance to reduce friction for high-frequency or active traders.
Binance also opened bitcoin options writing to all users, removing VIP restrictions. Traders still need to pass risk checks and post collateral. They gain 20% discounts on the platformâs fees, including on BNB-denominated contracts.
A wave of corporate adoption is signaling growing confidence in BNB, with several U.S.-listed companies announcing significant financial commitments to the cryptocurrency. CEA Industries (VAPE), which, with backing from Binance co-founder Changpeng Zhaoâs family office, Yzi Labs, unveiled an ambitious plan to raise up to $1.2 billion.
Clinical-stage firm Liminatus Pharma (LIMN) is also launching a dedicated BNB investment arm with a $500 million funding target, while Windtree Therapeutics (WINT) has disclosed a strategy to acquire $700 million in BNB.
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Meanwhile, tech company Nano Labs has already taken action, reporting the purchase of 128,000 BNB as a cornerstone of its new crypto treasury initiative.
Technical Analysis Overview
BNBâs price action shows hallmarks of a managed rally. Volume concentrations far exceeded hourly norms at key points in the move, signaling coordinated buying.
A breakout through resistance levels at $759 and $761 came with minimal slippage, often an indicator of deeper liquidity and pre-structured entry points typical of corporate treasuries.
The asset held firm around $745.81 during earlier consolidation, establishing a clear support zone. From there, it climbed in measured steps, breaking technical ceilings and holding gains.
_ Disclaimer : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to_ our standards. For more information, see CoinDesk’s full AI Policy.
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