Here are the latest headlines in BNB:
1. Nano Labs to Buy $1 B in BNB
Hong Kong’s chipmaker Nano Labs plans to acquire $1 billion worth of BNB through interest‑free convertible notes—offering $500 M convertible to Class A shares at $20—and aims to hold 5–10% of BNB’s circulating supply. This news sent its stock price up ~100% and BNB up ~2.7% binance.com+8binance.com+8coinmarketcap.com+8binance.com+4investopedia.com+4newsnow.co.uk+4. 2. BNB Chain Activity Drops 12%
On‑chain activity has slowed: daily #BTCPrediction BNB Chain transactions fell ~12% to ~12.7 M, new addresses are down 25%, trading volumes dipped, open interest in BNB options sank ~71%, and bearish derivatives flows indicate selling pressure—even while BNB trades near $648 ainvest.com.
3. Technical Setup Suggests Potential for Steep Rally
Analysts have spotted a bullish chart pattern: BNB is consolidating above its $460–480 support in a falling channel similar to its 2020 structure. The breakout target? $2,000 initially—with $5,000 as a more aggressive goal binance.com.
4. Altcoins Could Be Due for Final Rally
According to Real Vision’s Jamie Coutts, network activity and momentum in utility‑heavy altcoins like BNB signal a possible “last rally” this cycle—even amidst recent dips investopedia.com+7zycrypto.com+7forbes.com+7
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