$A GOLDEN CHANCE
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📈 BNB Hits a Record High: Essential Information 🚀 Levels of Record Prices
BNB soared to a new all-time high of $804–809 on July 23, 2025.
According to a different story, BNB reached its biggest milestone to date when it traded above $809.
The market capitalization surpassed $112 billion after Binance Research verified the crucial breach of the $800 psychological barrier.
🔎 Why is the rally happening?
One important tailwind is institutional accumulation; Nano Labs, for instance, completed an OTC purchase of $90 million at a price of about $707 per token.
With over $14 billion in daily DEX volume processed, BNB Chain's on-chain activity has increased and surpassed both Ethereum and Solana.
Utility tokens, token burns, treasury diversification, and rising token demand all contribute to a robust ecosystem flywheel that sustains a positive value cycle.
📊 Market and Technical Outlook
A pattern of higher highs and higher lows can be seen in the move, which dates back to early July when it rose by almost 19% from around $646 to over $809.
Technical indicators point to cooling momentum: the MACD shows some flattening, indicating a slight retracement but a positive tone, and the RSI enters overbought territory (>70).
With Fibonacci extensions suggesting potential highs close to $894 and more general targets like $950, $1,000, or even $1,200 later in cycle, analysts are aiming for targets between $820 and 860.
📌 Important Support Levels to Monitor: $750–760 region (new consolidation zone).
Resistance: $809 ATH, followed by the zones $820–860.
Catalysts: Moves approaching $1,000+ could be validated by another push above $809 on significant volume.
