$BNB

BNB just hit $801 for the first time ever. The price jumped 4% today and 14% this week, pushing its market cap past $110 billion. Trading volume exploded to $3.2 billion, up 42% in a day.

Futures activity tells the same story open interest surged 19% to $1.23 billion as derivatives volume spiked 33%. This isn’t just retail traders chasing pumps.

Nano Labs Ltd, a major Web3 firm, revealed it now holds 120,000 BNB worth $90 million.

When institutions stack coins like this, they’re usually playing the long game. BNB Chain’s been building quietly while other networks fought for attention. Now the price is catching up to the real-world usage.

The key takeaway? This rally’s got legs. With institutional money flowing in and trading activity heating up, that $801 high might just be the start.