The Binance Coin (BNB) finally broke the $ 1,000 barrier, reaching the four -digit brand for the first time in history.
Summary
- The BNB price reaches $ 1,005, setting a new summit of all time in the middle of the bullish momentum and favorable macroeconomic conditions.
- The founder of Binance, Changpeng Zhao (CZ), celebrated the milestone as a real “community effort”.
- The institutional interest in Binance Coin has skyrocketed with notable names such as B strategy, CEA industries and Paris Laboratories on long -term accumulation.
- The technical perspectives remain optimistic, suggesting a potential race at $ 1,300.
Binance Coin climbed above the $ 1,000 mark, reaching a new $ 1,005 summit, pulled by a mixture of institutional demand, macroeconomic changes and investor trust. This step marks a major moment for the token, which has been on an incessant trend in recent weeks.
The price rally intervenes in the wake of the drop in interest rates of 25 BPS Fed, which injected new liquidity into the risk markets, including cryptocurrencies. Coupled with a renewal of optimism in the cryptography sector, BNB (BNB) solidified its position among the first five cryptocurrencies by market capitalization.
Reacting to overvoltage, the founder of Binance, Changpeng Zhao (CZ), shared a sincere message with the community on X, reflecting on the BNB trip of its $ 0.10 to $ 1,000. He called the moment “something that words cannot explain” and continued to thank the community for their unshakable support.
“This is only the beginning. Until next 10000x together!” Added CZ.
BNB BNB price bos from BNB institutional tail meat
Binance Coin’s institutional demand played a major role in this last price pump. In August, the investment company listed at NASDAQ announced that the collection strategy of $ 1 billion for the accumulation of assets via a dedicated cash company, supported by Yzi Labs. The new vehicle will keep BNB in its treasure and will invest strategically in the wider BNB ecosystem.
CZ also recently noted that more than 50 digital asset cash companies (DAT) have expressed similar interest in assets, signaling the growing confidence of the main players who seek to obtain regulated exposure to assets. Meanwhile, several companies like CEA Industries, Nano Labs and Windtree Therapeutics have already revealed their long -term positions.
In parallel, the total value of Binance Smart Chain (TVL) increased to $ 7.93 billion, reflecting an activity and a DEFI liquidity increased on the network, a key indicator of the growing commitment of users and cases of use of the real world.
Adding to optimism, reports allege that the United States Ministry of Justice is about to raise its compliance monitoring in Binance, a decision that could strengthen investor confidence and reduce regulatory overhang.
Technical analysis shows the bulls under command
BNB is traded at $ 998.04 in press times, according to data from the Crypto.News market. Altcoin witnessed a small correction after its massive increase beyond $ 1,005. However, the momentum remains optimistic, with 24 -hour gains of 4.46% and approximately 11.2% in the last seven days.
The relative resistance index (RSI) is 77.02, indicating excessive conditions, which can result in short -term consolidation. However, a MacD Haussier crossing and a widening gap between the MacD and the signal lines suggest high increase in increase.
Fucked by institutional interests, BNB could exceed $ 1,100 with the following psychological target at $ 1,300. Declining, the support is at $ 950, $ 880 and $ 900.
