Recently, a piece of news has been gaining momentum in the circle: According to (Bloomberg) reports, three former Wall Street big shots plan to invest 100 million dollars to establish a publicly listed company specifically holding BNB, mimicking MicroStrategy's approach of accumulating Bitcoin, and incorporating BNB into the 'balance sheet of a listed company.'
Why choose BNB?
The reason is straightforward: BNB currently has a market capitalization close to 88 billion dollars, with a unit price of about 627 dollars, strong trading depth and liquidity, coupled with its wide range of application scenarios within the Binance ecosystem. More importantly, if this company can indeed go public, traditional investors would be able to indirectly allocate BNB through stocks for the first time, undoubtedly broadening the entry path for funds.
Is BNB also going to follow the 'MicroStrategy route'?
This method is not unfamiliar to everyone — the US-listed company MicroStrategy has continuously bought Bitcoin over the past five years, relying on the dual drive of 'stock price × coin price,' becoming the largest corporate holder of Bitcoin and sparking a wave of companies doing crypto reserves. Now, this model is being applied to BNB for the first time, perhaps signaling the beginning of an era of 'multi-chain reserves.'
Binance founder CZ (Zhao Changpeng) also responded to this matter on X, stating that there is more than one company in the market planning to buy BNB as a company reserve asset, and these operations are not officially led by Binance, but he personally strongly supports this trend. He also emphasized that BNB is the native token of an independent public chain and is not equivalent to 'equity' in the Binance exchange.
Short-term reactions are positive, and on-chain data is also in alignment.
Stimulated by this news and the overall market recovery, BNB briefly surpassed 640 dollars early this morning, before retracting to around 637.8 dollars at the time of writing. Especially in the macro context of Trump's announcement of a ceasefire between Israel and Palestine and weakening oil prices, the overall crypto market has surged.
Notably, the daily transaction count on the BNB chain has surged to 17.6 million, doubling compared to the last quarter, providing more fundamental support for the price.
Significant upgrade on June 30: The BNB chain will 'accelerate takeoff.'
In addition, an important update for the BNB chain is about to be launched. On June 30, the BNB chain will undergo a 'Maxwell hard fork,' expected to shorten the block time from 1.5 seconds to 0.75 seconds, significantly improving network efficiency and user experience, and enhancing its hard power in multi-chain competition.
In the short term, BNB is gaining momentum for another rise.
From a technical perspective, BNB has successfully stabilized at the support level of 616 dollars and has broken through multiple resistance levels in one go. As long as BTC can maintain above 108,500 dollars, BNB is expected to advance toward the 630 to 670 dollar range.
However, in the current high-volatility environment, macro variables and geopolitical factors remain significant influences that cannot be ignored.
📌 Pay attention to the hard fork + watch the on-chain trading volume, as these are key factors for whether BNB can initiate a new round of rises.
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