BNB Climbs Above $800 as Investor Sentiment Strengthens and Corporate Holdings Increase
BNB rallied over 3% in the past 24 hours, briefly crossing the $800 threshold to reach a session high of $809.84. Trading activity picked up significantly, with more than 125,000 tokens traded within a single hour, according to CoinDesk Research’s technical data.
The price boost was driven by renewed investor confidence and growing corporate interest. Notably, Nasdaq-listed Nano Labs disclosed a holding of 120,000 BNB tokens, joining other companies like Build & Build Corp. and WindTree in increasing their BNB exposure.
This upward movement allowed BNB to retake its position as the fifth-largest cryptocurrency by market capitalization, surpassing Solana after briefly trailing behind earlier this week. Binance’s founder and former CEO Changpeng Zhao acknowledged the rally and thanked the ecosystem participants for their ongoing support.
Despite the gains, BNB faces technical resistance around $808, which may cap further upside in the near term, potentially leading to price consolidation near the $800 level before the next significant move.
