
Tags: bnb
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Institutional inflows and rising adoption briefly pushed BNB to it all-time high near $870 last week.
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The fifth-largest cryptocurrency by market capitalization has achieved a significant triumph, and there appear to be no signs of a slowdown for its development.
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The company said that it aims to bring greater institutional presence to the BNB ecosystem.
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After Windtree, another company has pivoted to BNB treasury model.
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BNB sets record high and ETH ETFs see $3.9B in inflows as meme stocks roar back, reviving risk-on appetite across global markets.
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BNB is among the biggest gainers after the trade deal.
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In a bid to diversify its balance sheet, Windtree announced a $520 million raise to buy BNB.
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Over the past week, the number of transactions across public blockchains and Layer-2 networks has reached levels not seen before.
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BNB Chain said that its planned improvements will bring throughput and efficiency comparable to Nasdaq’s transaction processing capacity.
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With the burn aimed at reducing the asset’s circulating supply, increased demand for BNB could trigger a significant rally for the coin.
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Nano Labs plans to buy $500M in BNB via convertible notes, aiming to hold up to 10% of BNB’s supply as a strategic treasury reserve.
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Early investors in USD1-paired meme coins on BNB have seen sharp price gains, and have generated significant profits.
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BNB Chain’s $3.22B DEX volume marks its best day in three months, despite still trailing far behind its $12.99B all-time high.
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UK multinational bank Standard Chartered recently predicted a $2,775 price for BNB by 2028. Meanwhile, major fund manager VanEck filed for the first BNB ETF in the US.
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If approved, VanEck’s BNB ETF would be the first of its kind in the US, tracking Binance Coin’s price.
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BNB, XRP, BTC, and SOL have all seen notable growth in market caps, but ETH has been struggling, recording a 50% dip since November 2024.
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BNB Chain’s PancakeSwap dominated decentralized exchange volumes, hitting $1.64 billion in 24 hours, outpacing Solana and Ethereum.
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