The price of the BNB has climbed almost 2% in the last 24 hours to exceed the $ 760 mark, with data showing a burst of activity behind the price increase.
The volume has increased by almost 50% above daily averages, according to the technical analysis model of Coindesk Research. The price action followed an accumulation in two phases of the manual: early consolidation, then a break driven by coordinated purchases which have made technical resistance levels.
This rear wind coincides with recent developments in Binance, a key player in the BNB ecosystem. The Crypto Exchange has launched a web version of its Binance portfolio, allowing users to approve transactions up to seven days in advance to reduce friction for high frequency or active merchants.
Binance also opened Bitcoin options by writing to all users, deleting VIP restrictions. Traders must always pass risk checks and after guarantees. They obtain 20% reduction on the costs of the platform, including the contracts denominated by BNB.
A wave of companies’ adoption reports increasing confidence in the BNB, several companies listed in the United States announcing significant financial commitments to cryptocurrency. CEA Industries (Vape), which, with the support of the family office of the co-founder of Binance, Changpeng Zhao, Yzi Labs, unveiled an ambitious plan to collect up to $ 1.2 billion.
The clinical stadium company Limminatus Pharma (LIMN) also launches a dedicated BNB investment branch with a funding target of $ 500 million, while Windtree Therapeutics (WINT) revealed a strategy to acquire $ 700 million in BNB.
Meanwhile, the technological company Nano Labs has already taken measures, indicating the purchase of 128,000 BNB as the cornerstone of its new initiative of Crypto Treasury.
Preview of technical analysis
The action of BNB prices shows the characteristics of a managed rally. The concentrations of volume far exceeded time standards at the key points of the movement, reporting coordinated purchases.
An escape through resistance levels at $ 759 and $ 761 came with a minimal shift, often a deeper liquidity indicator and pre-structured entry points typical of business treasury bills.
The asset held a company around $ 745.81 during previous consolidation, establishing a clear support area. From there, he climbed in measured steps, breaking the technical ceilings and holding gains.
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