BNB Moves Up as $930 Resistance Comes Into Focus, Exchange Tokens Remain Strong

BNB Edges Higher as Corporate Holdings and Trader Activity Push Token Toward $930

BNB gained 1.4% over the past 24 hours, reaching $933.03, as investors ramped up exposure to the cryptocurrency ahead of potential U.S. interest rate adjustments. Large-volume trades helped the token break through technical resistance, according to CoinDesk Research.

Corporate treasuries now hold roughly 828,900 BNB—valued at around $770 million—highlighting growing institutional interest. CEA Industries is the largest corporate holder, with 389,000 BNB in its treasury, and several companies have pledged to continue accumulating the token.

The price movement comes ahead of Wednesday’s Federal Reserve meeting, with the CME’s FedWatch tool indicating a 96% probability of a 25-basis-point rate cut and a 5% chance of a 50-bps reduction. Traders on Polymarket estimate a 92% likelihood of the smaller cut.

BNB’s upward momentum is supported by steady accumulation, with the token testing the $930 resistance level after holding in the low $910s earlier. Coordinated volume spikes suggest broad-based buying rather than isolated trades.

As a key exchange token, BNB remains dominant within its sector, offering transaction fee discounts on Binance and utility across the BNB Chain ecosystem. It now accounts for 81% of the sector’s total market capitalization and, alongside KuCoin’s KCS, is trading near all-time highs, signaling sustained investor confidence.