BNB Slides 11% From Record High Despite Coinbase Roadmap Listing
BNB has dropped 11% from its all-time high of $1,370, hitting an intraday low of $1,151.50 before stabilizing around $1,180. Its recent addition to Coinbase’s listing roadmap has failed to provide a meaningful lift to the token’s price.
The decline triggered over $630 million in liquidations across more than 210,000 trader accounts, reflecting heightened market caution. BNB attempted a partial recovery during the session, rising from its low to a high of $1,194.06, with trading volume reaching $6.19 million, according to CoinDesk Research.
Adoption and Institutional Activity Continue
The price pullback comes even as BNB adoption grows. China Merchants Bank International (CMBI) has tokenized its USD money market fund on the BNB Chain, issuing CMBMINT and CMBIMINT for accredited investors through DigiFT and OnChain.
BNB’s inclusion on Coinbase’s asset listing roadmap coincided with the exchange’s “Blue Carpet” initiative, a streamlined onboarding process for new tokens. While roadmap inclusion doesn’t guarantee a listing, it represents a rare nod toward Binance’s native asset.
Institutional interest in BNB is also rising. China Renaissance, a Hong Kong-listed investment bank, reportedly plans a $600 million BNB-focused treasury, signaling growing corporate demand.
David Namdar, CEO of publicly traded BNB treasury firm CEA Industries (BNC), told CoinDesk:
“BNB is a blue-chip digital asset with real adoption, deep liquidity, and tangible utility — not just a narrative. The fundamentals speak for themselves.”
Namdar highlighted BNB Chain metrics, including $3.3 billion in daily DEX volume and nearly $10 billion in total value locked across DeFi in Q2, adding that Western investors still overlook the asset. He described BNB as “digital infrastructure equity” with institutional interest growing rapidly outside the U.S.
“There’s no ETF for BNB, yet institutional demand is rising fast. We’re bridging that gap,” Namdar said.
Market Outlook
BNB remains down 0.38% on the day, with traders watching whether the $1,150 support level can hold. Broader macro risks, including U.S.–China trade tensions, have shifted investor focus toward safe-haven assets such as gold, which recently topped $4,200, adding pressure to risk-on assets like BNB.
