$BNB

🚀 Recent Market Performance & Technicals

• Price action: BNB recently tested the $780–800 range but pulled back to around $765 after a short-lived breakout  . Consolidation around $760 appears to be holding, suggesting stability in the near term .

• Technical trend: Currently in a bullish phase — price is above the 50- and 100-period EMAs, with widened Bollinger Bands. Caution flagged near the upper band (~$778), hinting at a possible short-term pause or slight retracement .

• Momentum indicators: The RSI recently over 80, signaling overbought conditions, which often precede temporary pullbacks .

🔧 Fundamental Drivers

1. Network improvements

• The Maxwell upgrade on BNB Smart Chain doubled transaction throughput and reduced block times to ~0.75s .

2. Token burns & supply management

• A recent $1 billion token burn reduced circulating supply, supporting price stability .

• Quarterly burns continue, with 1.59 million tokens removed last cycle .

3. Institutional & corporate interest

• Firms like Nano Labs and Windtree Therapeutics are adding BNB to their treasuries — Nano Labs recently added 120,000 BNB (~$90 M) and plans to hold up to 10% of total supply  .

• Binance partnered with Ondo Finance, bringing tokenized U.S. stocks and ETFs onto BNB Chain, a move expected to attract institutional capital .