$BNB BNB (Binance Coin) Update 🚀
Price action: BNB just reached a new all-time high around $804, driven by surging on-chain activity and strong institutional interest .
Network use: Daily transactions on BNB Chain jumped ~178%, with a recent 3-month peak at ~14 million transactions .
Market outlook: Analysts expect a potential pullback to the $750–$760 range if sellers dominate around the $800–$810 resistance level .
Bullish signals: Rising institutional purchases, token burns from Binance’s deflationary model, and growing derivatives interest point toward continued upside—possibly reaching $900 if momentum holds .
Summary in simple words:
BNB is doing great right now—new record prices, big network activity, and strong interest from big investors. But expect some dips around $800. Keep an eye on $750–$760 support. If the trend continues, it may climb toward $900.