📊 $BNB Climbs Toward $610 as Binance Expands Global Reach!
BNB is on the move again, trading around $603 on 12 Aug 2025, up 5% in the last 24 hours. The surge comes as Binance announced new partnerships in Africa and Southeast Asia, expanding its fiat-to-crypto gateway services.
Technical Picture:
is approaching the $610 resistance level. A breakout above this could open the door to $625, while support remains at $592. The RSI is currently neutral at 57, leaving room for upward movement.
Why It’s Bullish:
Increased adoption of BNB for transaction fees and staking within Binance’s ecosystem continues to drive demand. The exchange also burned another 1.2 million BNB last week as part of its quarterly burn program — reducing circulating supply and boosting scarcity. 🔥
Investor Mood:
$BNB holders are showing confidence, with exchange balances dropping by 2% over the past week — a sign that coins are moving to long-term wallets.
Conclusion:
BNB’s strong fundamentals, combined with Binance’s expansion and consistent token burns, could push prices higher in the short term. Traders are watching $610 closely as the next breakout level.
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