BNB Climbs Above $760 Amid Expanding Corporate Use and Feature Launches by Binance
BNB Tops $760 as Institutional Demand Grows and Binance Expands Product Lineup
BNB climbed nearly 2% over the past 24 hours, breaking above the $760 mark amid a surge in trading volume and strong buying momentum. The move reflects deepening institutional interest and comes on the back of key product updates from Binance.
According to CoinDesk Research, BNB volume spiked nearly 50% above its daily average, reinforcing a classic two-phase market structure: initial accumulation through tight consolidation, followed by a breakout through key resistance levels on coordinated buying.
The rally aligns with recent developments from Binance, BNB’s native exchange. The platform launched a web-based version of its Binance Wallet, allowing users to pre-approve trades for up to seven days—a major efficiency upgrade for active and algorithmic traders. Additionally, Binance opened access to its bitcoin options writing platform to all users, eliminating prior VIP-only restrictions. Traders who meet collateral and risk requirements also receive a 20% fee discount, including on BNB-denominated contracts.
Institutional adoption is also gaining pace. Several U.S.-listed companies recently announced sizable commitments to BNB:
- CEA Industries (VAPE), backed by Binance co-founder Changpeng Zhao’s family office Yzi Labs, is planning to raise up to $1.2 billion, with BNB playing a central role in treasury allocation.
- Liminatus Pharma (LIMN) has launched a BNB-focused investment unit targeting $500 million.
- Windtree Therapeutics (WINT) revealed intentions to acquire $700 million in BNB as part of its crypto treasury diversification strategy.
- Nano Labs has already acquired 128,000 BNB, anchoring its new treasury program.
Technical Overview
BNB’s price action signals a deliberate and well-supported move. High-volume spikes at key inflection points, minimal slippage through resistance levels at $759 and $761, and clean structural progression suggest institutional or corporate participation.
Earlier consolidation found stable support around $745.81 before the asset climbed steadily, breaking through resistance zones and holding gains. The strong technical setup, coupled with expanding adoption and ecosystem upgrades, positions BNB for potential continuation above current levels.
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