#NewHighOfProfitableBTCWallets It seems that the recent rise in BNB is based on healthy fundamentals. Upon reaching a new all-time high, the open interest for BNB futures contracts was less than 60% of its previous peak, indicating that the rise was not driven by speculation.
This increase relies on new capital inflows into the spot market, with long-term investments, reflecting genuine conviction rather than a short-term spike susceptible to collapse.
Increased institutional demand for BNB as a treasury asset
After Bitcoin, the adoption of "BNB Treasury" strategies among listed companies has begun. Some companies are issuing convertible bonds, while others are directly purchasing BNB as a reserve asset to enhance treasury returns, increase liquidity, and gain strategic exposure to the cryptocurrency ecosystem.
There are at least 30 companies exploring this approach, with some companies publicly revealing their plans, indicating a shift of BNB from a retail-driven asset to one that is institutionally recognized.