#CryptoClarityAct BNB reached an unprecedented level of $804.70 on July 23, 2025
• Market cap rose to over $111 billion, surpassing Solana
• A 16% increase over seven days, with technical indicators showing short-term warnings
Key Drivers
• DeFi Expansion: 12% growth in Total Value Locked (TVL) in Q2 2025
• Supply Reduction: 1.2 million BNB burned valued at ~960 million dollars
• Institutional Demand: Whale accumulation with a net inflow of 49,733 BNB
Trading Strategy
• Support Zone: $745-755 is critical to maintain the upward trend
• Target Levels: $810 (resistance), with a potential test of $900 if volume exceeds $3.5 billion
• Risk Management: Consider hedging options with the Relative Strength Index (RSI) at 87 (overbought).