BNB Breaks $800 Barrier as Investors Embrace Risk and Corporate Engagement Expands
BNB Surpasses $800 on Growing Investor Optimism and Corporate Interest
BNB surged more than 3% over the last 24 hours, briefly breaking above the $800 mark and hitting a peak of $809.84. Trading volumes climbed notably, with over 125,000 tokens changing hands in just one hour, according to CoinDesk Research.
The uptick reflects a more risk-on mood among investors, alongside heightened corporate accumulation. Nasdaq-listed Nano Labs revealed it holds 120,000 BNB tokens, joining other firms such as Build & Build Corp. and WindTree in boosting their BNB positions.
This rally helped BNB reclaim its spot as the fifth-largest cryptocurrency by market cap, edging past Solana after briefly falling behind earlier this week. Binance founder and former CEO Changpeng Zhao expressed appreciation for the community’s support amid the surge.
However, BNB faces resistance near the $808 level, which may limit further gains in the short term, suggesting the price could consolidate around the $800 zone before moving higher.
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