#BNB_Market_Update 📈 Price & Technical Momentum
BNB has crossed the $700 mark, trading around $700–$704, marking a 1.7%+ gain over the past day—bullish sentiment is clearly building .
Analysts highlight a key resistance zone between $695–$700, with momentum indicators still in bullish territory and on-chain activity (daily addresses, transaction volume) significantly increasing .
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🏦 Institutional & Ecosystem Developments
Institutional adoption is on the rise: BNB has been integrated into corporate treasuries, supported by backing from YZi Labs and 10X Capital, adding a strong structural boost .
Binance Treasury’s push to bring institutional capital to the BNB Chain further strengthens its fundamentals .
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🎉 8th Anniversary Milestone
BNB celebrates its 8th birthday, having surged from just $0.06 in July 2017 to nearly $700—a 10,000× gain .
Reflecting on this growth, CZ (Changpeng Zhao) noted a modest $100 investment at launch would be worth over $1 million today .
