$BNB breaks through 880 USD! Is the next target aiming for 2000?
BNB's recent performance has been eye-catching, reaching a maximum of 881 USD during trading, setting a new all-time high, with a 24-hour increase of over 5%. The market's recognition of the Binance ecosystem continues to strengthen, and with technological upgrades and ecosystem expansion, BNB is moving towards a higher price range.
The increase over the past 7 days is approximately 5%, with a 30-day increase of 15%, and a cumulative increase of over 30% in 90 days.
1. Institutions have recently increased their holdings by 160 million USD, with total holdings surpassing 320,000 coins, indicating that large funds are optimistic about its long-term value.
2. The BNB Chain block confirmation time has been shortened to 0.75 seconds, and plans to increase the Gas limit by 10 times before the end of the year, significantly enhancing on-chain experience.
3. Ecosystem activity. There are over 2.2 million active users daily, with transaction counts exceeding 90 million, and the application layer continues to thrive.
4. Deflationary mechanism. Quarterly burns reduce circulation, bringing long-term scarcity effects.
5. Capital rotation. Bitcoin's dominance is declining, and some funds are flowing towards quality altcoins.
Operational suggestions: Build positions in batches, do not blindly chase after price increases; after stabilization, look for entry points, focusing on quarterly burns and major upgrade milestones, as these are potential market catalysts.
Intraday focus: MEME QTUM SCR BAND NEO
