#BTCHashratePeak Binance Coin (BNB) Eyes $1,200 After Overtaking Nike in Market Capitalization

- BNB’s market cap hit $114.36 billion, surpassing Nike and MicroStrategy, and now holds 81% dominance in the exchange token sector.

- Institutional interest grows as firms like BNC and Windtree Therapeutics build large BNB reserves, fueling long-term demand.

- Analysts see potential for a rally toward $1,200, though recent profit-taking adds short-term volatility risks.