According to the report, Binance Coin (BNB) has reached a market capitalization of $119.67 billion. This valuation puts BNB ahead of the British car manufacturer Rolls-Royce, reflecting increasing confidence in the long-term usability of this token within the Binance ecosystem.
The market capitalization increased following the recent price volatility of BNB, with the token reaching a new all-time high of $880. This figure surpasses the previous record of $686, set last in the 2021 bull market. The current price has slightly decreased to $848.85, showing a minor decline of 2% in the past 24 hours and a decrease of 0.23% over the past seven days.
As a result, the total value locked (TVL) of BNB Chain has increased to $13.4 billion, the highest level since 2022. This figure reflects the growing user participation in DeFi applications, staking activities, and liquidity provision on the BNB Chain network. TVL began to rise steadily from mid-May 2025 and has maintained its growth momentum.
In addition to the influx of capital, the number of active addresses weekly has remained above 14 million for nine consecutive weeks. Data from Lucky confirms the strong interaction trend, indicating stable network usage and continuously growing trading activity. These figures suggest steady demand for BNB Chain's products and services.
The Technical Breakthrough Builds Trust
The technical chart shows that BNB has recently broken out of a downtrend and formed a new support level near $853. This price area was previously seen as a resistance level and is now serving as a foundation for the next price fluctuations. A short-term pattern indicates the possibility of accumulation before another price increase.
The 1-hour chart shows a continued upward price trend, with the next target set near $883 and potentially higher. Short-term analysis indicates that the token is accumulating strength for another price increase if it can maintain the current support level.
The Broader Market Context and User Sentiment
Market observers have pointed out the steady growth of BNB from $1 to its current level over many years. In a recent post, a user stated, "$1000 BNB is not far away," referring to the increasing widespread use of BNB across various financial tiers. This comment further reinforces the view that investment institutions are beginning to leverage this asset.
Another user commented, "What was once a resistance level for many years is now support," reflecting confidence in the ongoing price trend of BNB. While the optimistic outlook continues to spread, price stability and volume support will be key to determining whether the current level can be maintained in the near future.
