$BNB just broke out above $825 and hit $849 — and honestly,

I’m not surprised.

Let me walk you through why this move feels real, not just another hype spike. 👇

1. The Web Wallet Changed the Game

Binance quietly launched a beta web wallet a couple of days ago that now lets users directly trade BSC and Solana assets.

That’s huge. I tried it — it’s slick, fast, and way more intuitive than I expected.

They also threw in a 5.7M BTR reward campaign, which tells me they’re serious about driving usage.

Add this to the BNB Chain’s Maxwell upgrade (0.75s block times now), and you’ve got infrastructure catching up with demand.

Real improvements, not just marketing noise.

2. CZ Is Literally Holding the Bag

Here’s what gave me extra confidence:

CZ holds 64% of the total BNB supply — that’s ~$75.8B worth.

Some people find that concerning, but to me, it screams “he’s all in.”

Plus, Binance themselves control another 7%. That kind of concentrated holding by insiders says a lot about long-term belief in BNB’s role in their ecosystem.

Also, don't forget Nano Labs just threw $1B into BNB last month — institutions are watching.

3. Derivatives + Breakout = Momentum Fuel

Technically, BNB didn’t just break a level — it entered price discovery after taking out its 2025 ATH at $825.

I saw funding rates flip bullish and open interest spike over 10% to $670B+.

That’s the kind of stuff you want to see when a coin’s pushing new highs.

RSI’s at 86, which is super overbought — but with BNB trading 18% above its 30-day EMA, that shows trend strength, not weakness.

So what now?

If $846 holds, the next fib extension says $901 is in play. But short term, we could see some chop from profit-takers — especially after the recent quarterly burn on July 15.

Me? I’m letting this one ride with a tight trailing stop.

What’s your call — is BNB headed to $900+ or is this a sell-the-news moment? Let’s hear your take.