TLDR:
- BNB price climbs 6.55% in 24h, reclaiming $850 and pushing market cap above Starbucks and Nike.
- $500M raise secures largest publicly traded BNB treasury with 200,000 tokens in reserves.
- Trading volume hits $2.41B in 24h, with bullish momentum targeting $900 to $1,000 short term.
- DEX volume on BNB Chain soars 66% in a week, reaching $31B as on-chain activity intensifies.
BNB’s latest rally has seen the token reclaiming $850 and adding over $118 billion to its market value.
Exchange token demand is picking up speed, pushing BNB ahead of global brands like Robinhood and Nike in valuation. Market watchers point to treasury accumulation, growing on-chain activity, and steady technical gains as key drivers.
Short-term targets now eye the $900 to $1,000 zone, while some bold forecasts look far beyond that mark.
BNB Price Momentum Builds
According to market data from CoinGecko, BNB traded at $853.22 at press time, marking a 6.55% jump in the past 24 hours. Weekly gains reached 11.81%, showing steady interest from traders despite recent volatility.
Technical levels place support at $828.23 and resistance at $855.70, with a breakout above the latter potentially accelerating gains.
The token’s recent run from $601.25 reflects a recovery from early August losses, with Wise Crypto noting bullish momentum across multiple moving averages. The 7, 25, and 99-period averages all sit below current prices, reinforcing the trend.
$BNB has reclaimed $850, pushing its market cap past $118B.
It’s now more valuable than companies like Robinhood, Starbucks, and Nike.
With exchange tokens bouncing and HashGlobal projecting a $2,000+ target…
A new ATH could be on the horizon.Don’t underestimate the #BNB… pic.twitter.com/IKiqKUg3qf
— Wise Crypto (@WiseCrypto_) August 13, 2025
Trading volume of 396,148.77 BNB over the last day shows active participation from buyers.
Sky Wee reported that BNC Network, formerly CEA Industries, raised $500 million from Yzi Labs and 10X Capital. The funds make it the largest publicly traded BNB treasury, now holding 200,000 BNB in reserves.
Led by former Galaxy Digital CEO David Namdar, the company is positioning itself as a bridge between traditional finance and blockchain.
Big news came in as @yzilabs + @10XCapitalUSA have fueled a $500M raise for @BNCNetworkCo (formerly CEA Industries), making them the largest publicly traded $BNB treasury with 200,000 $BNB in reserves!
With ex-Galaxy Digital CEO David Namdar at the helm, $BNC is bridging Wall…
— Sky Wee (@OfficialSkyWee1) August 13, 2025
This capital injection coincides with a sharp uptick in BNB Chain activity. DEX volumes jumped 66% last week to $31 billion, reflecting rising user engagement and liquidity. The move also signals a deeper integration of BNB into institutional strategies.
Traders Watch for Next Targets
Analysts say reclaiming $850 was a key psychological milestone. Wise Crypto’s chart review points to the $900 and $1,000 levels as near-term checkpoints. HashGlobal’s projection of a $2,000-plus target remains speculative but has caught attention in trading circles.
X user Simeon G suggested meme season on BNB Chain could further boost transaction activity. With past price surges tied to community-driven runs, traders are watching for similar patterns in coming weeks.
If the rally holds, maintaining support at $828.23 will be critical for momentum. Market sentiment is leaning bullish, but with crypto’s track record, volatility remains the constant.
The post BNB Price Pushes Past $850 Again: Here’s What’s Driving the Rally appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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