๐ **BNB Market Recap โ July 31, 2025**
๐ข **1. BNB Breaks Records! ๐**
BNB climbed beyond \$850, setting a fresh all-time peak!
Now ranked as the third-largest altcoin by market cap (\~\$119B).
Key drivers include:
๐น Rising spot trading interest
๐น Expanding ecosystem
๐น Growing adoption from companies and institutions
๐ **2. Pullback After the Surge โ Whatโs Ahead? ๐ง **
After reaching \~\$861, BNB dipped to around \$810.
Important price zones to watch:
๐บ Resistance near \$820
๐ป Support at \$800, \$788, and \$770
Market experts are still optimistic โ projections suggest
๐ฐ A move to \$910 or even \$1,100 with continued momentum
๐ง **3. Binance Wallet Upgrade ๐ ๏ธ**
Deposits and withdrawals were paused briefly at 08:00 UTC today for maintenance (\~15 minutes).
Trading stayed active throughout.
The update features:
๐งฌ New decentralized ID tools
๐ Better cross-chain connectivity
๐ฆ **4. Corporate News: BNB as a Treasury Reserve ๐ข๐ผ**
๐จ๐ฆ CEA Industries, a Canadian vape firm, intends to raise \$1.25B to hold in BNB.
Their stock jumped +833%, echoing meme-stock hype โก
This marks a rising trend of businesses investing in BNB
๐ **BNB At a Glance**
* ๐ Current Price: \~\$810
* ๐ผ Resistance: \~\$820
* ๐ฝ Support: \$800 โ \$770
* ๐ฏ Bullish Range: \$910 โ \$1,100
๐ญ **Things to Keep an Eye On**
๐ How price behaves between \$800โ\$820
๐ข Announcements from companies adopting BNB
๐งฉ Post-maintenance upgrades in the Binance ecosystem
๐ฎ New token โPlaysOut (PLAY)โ debuting on Binance with 50x leverage at 09:30 UTC
๐ Upcoming airdrop
\#BTC #BNB #BNB\_Market\_Insights #BinanceNews #BinanceFamily
\$BTC: 118,399.76 (+0.53%)
\$BNB
: 796.2 (โ1.25%)