BNB, the native token of the BNB Chain, has registered a notable price increase over the past 24 hours, outperforming the broader cryptocurrency market as institutional support and real-world asset (RWA) adoption gain traction.
The token experienced a rise exceeding 3%, moving from approximately $1,056 to reaching an intraday peak of $1,131 before experiencing a moderate pullback. Currently, BNB is trading near $1,087, showing resilience relative to the CoinDesk 20 (CD20) index, which posted a 2.43% gain over the same period. The late-session dip appears to reflect profit-taking activities near resistance zones, a phenomenon common in volatile markets.
Trading volume for BNB surged to 204,000 tokens—almost triple the average daily amount—highlighting heightened engagement from market participants, according to data derived from CoinDesk Research’s technical analysis framework.
Several factors contributed to BNB’s strong performance. Notably, Coinbase has recently included BNB among the digital assets under evaluation for expanded platform support, an initiative linked to its newly announced “Blue Carpet” program aimed at improving asset onboarding and market access.
In parallel, tangible growth in real-world asset tokenization on the BNB Chain has added to the asset’s appeal. China Merchants Bank International (CMBI) launched tokenized versions of its USD money market fund via the blockchain, issuing two tokens—CMBMINT and CMBIMINT—targeted at accredited investors, marking a significant development in bridging traditional finance and decentralized infrastructure.
The network scalability and activity have also reached new heights, with the BNB Chain surpassing 3.6 million daily active addresses last week, as reported by DeFiLlama. This figure represents its highest level on record, underscoring robust user engagement and ecosystem growth.
Corporations are showing increased interest, exemplified by Hong Kong-listed investment bank China Renaissance, which reportedly plans to allocate up to $600 million toward building a treasury focused on BNB-related assets. This move signals an institutional recognition of BNB’s potential as a strategic asset.
Despite recent gains, BNB remains approximately 17% below its all-time high of $1,370. The token’s price volatility, including intraday fluctuations exceeding $79, reflects ongoing challenges in balancing rising demand with uncertainties affecting the wider market.
Disclaimer: Portions of this article were generated with AI assistance and subsequently reviewed by our editors to ensure accuracy and compliance with editorial standards. For more details, refer to CoinDesk’s AI policy.
