BNB Breaks Records, Targets $1,000 as Institutional Money Flows In
BNB has surged past its previous all-time high, reaching $865 and igniting speculation that the token could soon cross the $1,000 mark. The rally comes on the back of more than $660 million in fresh institutional investments and an aggressive token burn program that has already removed over $1 billion worth of BNB from circulation.
By reducing supply while demand remains strong, the burns have added significant upward pressure to prices. Market sentiment is turning increasingly bullish, with traders and analysts alike pointing to a potential push into four-digit territory if current momentum holds.