🚀 $BNB breaks historical highs: +12 % up to ~$899 driven by institutional backing — now heading towards $1,000?
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BNB, the native token of the BNB Chain, rose 12 % to reach ~$899, setting a new record driven by strong institutional adoption and favorable macro signals.
China Renaissance, a listed bank in Hong Kong, committed $100 million in BNB, adding institutional legitimacy to the token and expanding its regulated adoption.
In just 60 days, BNB has advanced 35 %, surpassing Solana in market capitalization by approximately $19 billion, while weekly active users on the BNB Chain reached 16.8 million, the highest this year.
The confluence of institutional purchases, use in DeFi, and real utilities solidifies BNB as a hybrid asset — not only speculative but also long-term with fundamentals.
Are you joining the rally or waiting for consolidation before a new push?