BNB Advances 1.5% as Corporate Buying Supports Uptrend
BNB rose 1.5% over the past 24 hours, testing the $860 level and approaching multi-session highs after overcoming key resistance zones.
According to CoinDesk Research, the surge was backed by unusually strong buying in the latest trading hour, with volume climbing to 49,560 tokens, roughly 70% above the 24-hour average of 27,459.
The token cleared layered resistance at $851–$853, followed by a push above $854, driving the rally to current levels. Within a one-hour window, BNB gained 0.5%, rising from $854.75 to $859.
The advance coincided with broader crypto market strength and a corporate accumulation move by CEA Industries, which increased its BNB holdings to 388,888 tokens valued at $330 million, aiming to hold 1% of total supply by year-end. The CoinDesk 20 (CD20) index rose 2.7% over the same period.
The rally comes amid a sell-off in long-term bonds in traditional markets, driven by concerns over rising government debt. Safe-haven assets, including gold, benefited, with the tokenized gold market surpassing $2.5 billion.
