$BNB Today: Key Highlights
Price & Momentum: BNB is trading around $816.92, up approximately 3–3.5% in the past 24 hours, showing robust upward momentum.
Market Cap & Standing: Its market capitalization has surpassed $112 billion, ranking it among the top global digital assets—outpacing even prominent traditional institutions like DBS Bank.
Technical Trends: According to Binance Square insights:
Support rests around $787, while resistance near $798–$800 looms.
Moving averages remain bullish (20-/44-day MA below price), with a positive MACD and RSI entering overbought territory—watch for potential short-term pullback.
Volume & Ecosystem Activity:
Daily trading volume remains healthy, reinforcing strength.
BNB Chain recorded 3.8 million daily transactions, its highest in over a year—highlighting increasing on-chain usage.
Price Forecasts: Analysts and enthusiasts are optimistic:
Some are setting ambitious targets, with some projections aiming as high as $1,000 to $1,200 over the medium term, citing BNB’s burn mechanism, growing utility, and evolving Binance ecosystem dynamics.
