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BNB Tops $760 Amid Corporate Adoption and New Binance Features

BNB Tops $760 Amid Corporate Adoption and New Binance Features


CoinDesk
2025-08-04 16:48:38

The price of BNB climbed nearly 2% in the past 24 hours to top the $760 mark, with data showing a burst of activity behind the price rise. Volume spiked nearly 50% above daily averages, according to CoinDesk Research's technical analysis model. The price action followed a textbook two-phase accumulation: early consolidation, then a breakout driven by coordinated buying that pushed through technical resistance levels. This tailwind coincides with recent developments from Binance, a key player in BNB’s ecosystem. The crypto exchange launched a web version of its Binance Wallet , letting users approve trades for up to seven days in advance to reduce friction for high-frequency or active traders. Binance also opened bitcoin options writing to all users, removing VIP restrictions. Traders still need to pass risk checks and post collateral. They gain 20% discounts on the platform’s fees, including on BNB-denominated contracts. A wave of corporate adoption is signaling growing confidence in BNB, with several U.S.-listed companies announcing significant financial commitments to the cryptocurrency. CEA Industries (VAPE), which, with backing from Binance co-founder Changpeng Zhao’s family office, Yzi Labs, unveiled an ambitious plan to raise up to $1.2 billion. Clinical-stage firm Liminatus Pharma (LIMN) is also launching a dedicated BNB investment arm with a $500 million funding target, while Windtree Therapeutics (WINT) has disclosed a strategy to acquire $700 million in BNB. Meanwhile, tech company Nano Labs has already taken action, reporting the purchase of 128,000 BNB as a cornerstone of its new crypto treasury initiative. Technical Analysis Overview BNB’s price action shows hallmarks of a managed rally. Volume concentrations far exceeded hourly norms at key points in the move, signaling coordinated buying. A breakout through resistance levels at $759 and $761 came with minimal slippage, often an indicator of deeper liquidity and pre-structured entry points typical of corporate treasuries. The asset held firm around $745.81 during earlier consolidation, establishing a clear support zone. From there, it climbed in measured steps, breaking technical ceilings and holding gains. Disclaimer : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .


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