BNB All-Time High on Institutional Buys & DEX Volume Surge

BNB rallied to a new all-time high of $817.44, driven by record BNB Chain activity and growing institutional demand. In the past 24 hours, decentralized exchange (DEX) trading volume on BNB Chain topped $6.66 billion—exceeding combined DEX volumes on Ethereum and Solana—and daily new wallet addresses surged past 470,000. Major firms are adding BNB to their treasuries: Nano Labs increased its reserve to 128,000 BNB (~$100 million), while Windtree Therapeutics plans a $520 million raise to build a BNB treasury. Binance’s quarterly token burns further reduce circulating supply, intensifying price pressure. Technical analysis shows BNB breaking a two-year resistance level and entering an expansion phase, with forecasts of $1,000 by Q4 and $1,800–$2,000 at the cycle peak. Market sentiment around this BNB new all-time high remains decidedly bullish as traders weigh profit-taking against continued on-chain growth.
Bullish
The BNB new all-time high reflects robust on-chain fundamentals and growing institutional confidence. Record DEX volume and wallet growth on BNB Chain signal increased user engagement, while Nano Labs and Windtree Therapeutics adding BNB to their treasuries underscore rising corporate demand. Binance’s periodic token burns reduce supply, creating ongoing upward price pressure. Historically, assets that hit new highs on fundamental on-chain strength—like Ethereum in prior cycles—often sustain bullish momentum. Short term, traders may book profits near key psychological levels, causing minor pullbacks. Long term, breaking a two-year resistance confirms an expansion phase, supporting targets of $1,000 by Q4 and $1,800–$2,000 at the cycle peak.