📈 BNB Price Update – August 5, 2025
$BNB is trading strong today, currently hovering around $767, up ~2% in the last 24 hours with a 50%+ surge in trading volume. The breakout above $760 signals renewed investor interest and bullish momentum.
🔍 Key Technical Levels
Support: $747 – $738
Resistance: $765 – $777
A confirmed breakout above $765 could push BNB toward $800–$861 in the near term.
🚀 Market Outlook
Analysts are projecting a $790–$1,292 range for BNB in 2025, with the $1,000 milestone in sight by Q4, driven by:
Growing DeFi adoption
Corporate treasuries allocating in BNB
Expanding Binance ecosystem utility
🛠 Recent Catalysts
Binance launched its updated Web Wallet Interface
Bitcoin options writing now available for all users
Estonian crypto gateway Apirone announces BNB integration by Q4 2025
US firm Windtree Therapeutics confirms $520M reserve shift to BNB
⚠️ Caution Note
Short-term corrections are possible due to RSI nearing overbought levels. Traders are advised to monitor volume strength and confirmations before entering new positions.
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