Current Price: $777.44
24h Change: +1.90%
Market Cap: $108.05B
24h Volume: $2.03B
Analysis:
BNB’s slow but steady climb comes as Binance continues to expand into regulated markets (e.g., Dubai, France). The coin trades above the 50-day EMA, maintaining a tight ascending wedge pattern—suggesting a breakout is brewing.
Ecosystem Strength:
Binance Smart Chain (BSC) TVL has grown 4.2% this week, driven by GameFi and meme tokens. On-chain burns also add deflationary pressure.
Future Outlook:
Short-term target sits at $800; breaking that could push BNB to $830. Strong support at $745 remains intact.
Strategic Reflection:
BNB is no longer just an exchange token—it’s becoming the backbone of an entire DeFi universe.