$BNB BNB reaches new all-time high amid volume explosion on Binance
On July 23, BNB surpassed $800 USD, marking a new ATH (All-Time High) as the spot trading volume on Binance skyrocketed to $25 billion in 24 hours. This surge was not coincidental: it occurred after breaking a key technical resistance and amid a quiet accumulation by whales.
The chart shows an ascending triangle formation, validated by indicators like the bullish MACD and Chaikin money flow, suggesting that momentum could continue towards the psychological zone of $1,000 USD.
Additionally, the BNB Chain network reported 17.6 million transactions in a single day and plans to reach 5,000 swaps per second with a Rust-based architecture and native privacy features.
📌 Invezz | Cointelegraph