#BNB

The BNB "Binance" currency continued to shine in recent days, surpassing the $800 mark last week, and then continued to rise, recording two consecutive historical peaks, the latest of which was this morning at $855.84, achieving daily gains of over 7.4%, raising its market value to more than $118.5 billion, reinforcing its position as the fifth largest digital currency by value.

The significant rise in BNB over the past thirty days, which exceeded 30%, has generated widespread enthusiasm among the currency's supporters, amid increasing expectations that it may surpass the $1,000 mark in August. Some analysts pointed out that the range between $840 and $880 may represent short-term technical resistance.

According to a report issued by the Binance Research team on July 23, the rise of BNB is attributed to its transition from an asset dedicated to individuals to a reserve asset aimed at institutions. The report showed that BNB outperformed other major currencies over five years, recording a Sharpe ratio of 2.5, meaning that every dollar of risk corresponds to $2.5 of return, highlighting its strength as a stable and high-yield asset.