#BNB创新高
🔥【BNB Breaks $850, Sets New Historical High!】
Binance's native token BNB surged like a hot knife through butter, strongly breaking through the $850 mark on July 28, with a daily increase of 6.8%! Market capitalization surpassed $115 billion, firmly holding the 4th position in the cryptocurrency space.
📈Core Driving Forces:
The 32nd token burn of $1 billion worth of BNB, highlighting the deflationary effect;
NASDAQ-listed companies are rushing to incorporate it into their treasury reserves;
The Binance Smart Chain TVL has exceeded $10.9 billion, with a surge in DeFi demand.
🚀Technical Analysis: Cup and handle pattern confirmed, target aiming for $1,090! Although RSI is overbought, the 50-day moving average support remains strong.