BNB Hits $801 ATH on Institutional Demand and Volume Surge

Published: 2025-07-23 19:43:50 |

BNB rose 5% daily and 13% weekly to reach an ATH of $801. Trading volume jumped 40% to $3 billion, while derivatives volume gained 31% and futures open interest climbed 19%. On-chain data shows a 25% rise in active addresses and a 40% spike in transaction volume on BNB Chain. Nano Labs purchased $90 million BNB OTC at an average price of $707, signaling strong institutional demand. Major firms announced plans to integrate BNB payments and deploy smart contracts, including a cloud services partnership. Technical indicators show BNB trading above its 20-day SMA, with the RSI at 87.5 and price above the upper Bollinger Band, suggesting overbought conditions and a potential pullback near $820 resistance. However, bullish momentum remains intact. Traders should monitor on-chain metrics, central bank signals, and key resistance levels for clues to BNB’s next move.

Bullish

BNB’s surge is powered by strong institutional buying, higher trading and derivatives volume, and growing on-chain activity. In the short term, overbought technical indicators—RSI at 87.5 and price above the upper Bollinger Band—suggest a pullback toward key resistance around $820. However, sustained volume at $3 billion, rising futures open interest, and fresh corporate integrations underpin bullish momentum. Over the long term, continued institutional adoption and smart-contract deployments on BNB Chain could support further gains, making BNB’s outlook positive for traders.