BNB rose over 3% in the last 24 hours, briefly to the top to $ 800 to reach a new high near $ 800.
According to the technical analysis model of Coindesk Research, BNB reached $ 809.84 as the trading volume exceeded 125,568 tokens in one hour above the average of the volume session.
There were several factors behind the rally, including higher risk attitude from investors and increase in corporate participation. Nasdaq-list Nano Labs revealed this Now there are 120,000 BNB tokensWhile companies including build and build corp and windtree are also accumulating.
The rally helped BNB become the fifth largest cryptocurrency by market capitalization after being summarized by Solana (Sol) on Tuesday. On social media, Binen’s founder and former CEO Changpeng Zhao Comment On the rally, the ecosystem is showing appreciation for participants.
Nevertheless, technical resistance near $ 808 can hover prices near the $ 800 mark before any step.
Disclaimer: parts of this article were generated with assistance from the AI tool and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see the full AI policy of coindesk.
