BNB Tops $800 as Investor Optimism and Corporate Buying Drive Gains
BNB surged over 3% in the last 24 hours, briefly climbing above $800 to hit a session high of $809.84. Trading activity picked up sharply, with more than 125,000 tokens traded in a single hour, according to CoinDesk Research’s technical data.
The rally reflects growing investor confidence and increased corporate involvement. Nasdaq-listed Nano Labs disclosed holdings of 120,000 BNB tokens, while other firms like Build & Build Corp. and WindTree have also been adding to their positions.
This upward move pushed BNB back into the fifth spot by market capitalization, overtaking Solana after being briefly surpassed on Tuesday. Binance founder and former CEO Changpeng Zhao praised the rally, thanking supporters in the ecosystem.
Despite the positive momentum, BNB faces resistance near $808, which could cap gains in the near term. The price is likely to consolidate around the $800 level before making any significant upward move.
