Binance Coin (BNB) saw an explosive price surge in late July, reaching an all-time high near $855. This rally was sparked by a $520 million treasury purchase by Windtree Therapeutics, which triggered a surge in institutional buying and trading volume. Over 24 hours, BNB’s trading volume jumped nearly 195%, surpassing $2.9 billion, and the price broke through key resistance after a clean retest around $780.
From a technical standpoint, BNB is in a discovery phase, with price patterns showing potential for continued upside. While retracements near support levels are possible, the overall strength reflects growing confidence from both traders and institutional investors.
