Binance Coin surged past $800 for the first time today, breaking out from a $750–$800 consolidation zone. The rally is fueled by a perfect storm of strong on-chain activity daily transactions hit 14 M+, and DEX volumes exceeded $190 B monthly alongside ongoing institutional accumulation (e.g., Nano Labs’ $90 M BNB treasury).
The Maxwell upgrade and quarterly token burns continue tightening supply, reinforcing BNB’s bullish momentum. Futures open interest is also climbing (+23%), reflecting increased speculation.
Outlook: Sustained trading above $800 could pave the way toward $1,000–$1,260, according to analysts. Watch for consolidation between $750–$800 before the next leg up and monitor institutional flows for confirmation.