๐ BNB just made a New ATH!
A huge moment for the Binance ecosystem โ BNB reached a new all time high, which represents a newfound confidence in the market and the capacity of the chain behind the largest crypto exchange in the world. ๐ฅ
๐ข Current Status
New ATH: $729+
Change over last 24h: +6.2%
Market Cap: $112B+
Volume Increase: +210% in the last 48h
BNB is officially above its previous high from in 2021, and has become a headline in the crypto-sphere. This is not just price action โ this is a paradigm shift in sentiment.
๐ Why the Rise?
โ BSC activity is increasing, as are TVL, and dApp usage
โ Every burn takes out a piece out of supply (Auto-Burn + BNB Chain fees)
โ Investor confidence increasing with regulatory clarity in larger markets
โ Strong fundamentals behind the token โ use case not just hype
๐ Technical Breakdown
BNB has officially broken out of a long-term resistance zone around $690โ$700 level with confirmation volume and RSI momentum. If we can hold this price zone, the next leg is likely to look for the $800โ$850 range.
Support zone: $690โ$710
Short term pullback zone: $670 (healthy consolidation)
Longer term price target: $1,000 if momentum continues on the macro, and in the altcoins ๐
๐ฌ Final Thoughts
BNB is not just pumping โ BNB is leading. With real use case, having the tokenomics, and the global reach of Binance behind it, this ATH may just be the start.
