BNB Token Sees 2% Dip After All-Time High, $1B Treasury Plan and $3B Trading Volume Drive Momentum
BNBUSDT experienced a 2.01% price decline over the past 24 hours, with the current price at 845.35 USDT, following recent volatility after reaching an all-time high above $900. The price drop is attributed to profit-taking after the peak, as well as market reactions to significant treasury announcements, including B Strategy's $1 billion BNB treasury plan and continued institutional investments from Huaxing Capital and YZi Labs. Despite these positive developments, short-term sentiment has been mixed, with traders weighing the impact of large treasury allocations and broader market fluctuations. Trading volume remains robust, with over $3 billion exchanged in the last 24 hours, and BNB maintains a strong market capitalization above $117 billion, supported by a growing ecosystem and recent partnerships that enhance utility and adoption.