$BNB ### š BNB Breaks $800, Setting a New Historical High
**Market Update**
On July 23, 2025, the price of BNB first broke the $800 mark, reaching a high of **$803.43**, with a 24-hour increase of **4.93%**, setting a new historical record (previous high was $780.94). As of that day, BNB was quoted at **$800.58**, with significant market volatility and a surge in trading volume.
**Key Breakthroughs and Technical Signals**
- **Resistance Overcome**: BNB has recently been testing the strong resistance zone of **$750-$795**, and this breakthrough confirms a bullish structure across multiple timeframes.
- **Indicator Support**: The price remains above the 50-day and 200-day moving averages, with MACD and RSI (78) indicating short-term overbought conditions, but the trend remains unchanged.
**Driving Factors**
- **Ecosystem Upgrade**: Completion of a **$1 billion token burn** enhances scarcity; upgrades to the BNB Chain infrastructure enhance scalability.
- **Integration with Traditional Finance**: Collaboration with Ondo Finance to launch tokenized US stocks and ETFs to attract institutional funds; Nasdaq-listed Windtree plans to establish a **$200 million BNB treasury**, strengthening mainstream recognition.
- **Airdrop Incentives**: Caldera (ERA) airdrop stimulates demand for holding.
š” **Outlook**: If it stabilizes above $800, the mid-term target looks at **$1200-$2600** (Fibonacci extension levels), but vigilance is needed regarding high volatility risks.
š Current market capitalization is **$108.19 billion**, firmly ranking as the fifth largest cryptocurrency in the world.