A powerful BNB price surge has propelled the token to a new all-time high near $1,207. This rally is fueled by record-breaking user activity on the BNB Chain and growing demand from corporate treasuries, solidifying its position as a top-performing large-cap asset.
Record Network Activity Fuels the BNB Price Surge
The ongoing BNB price surge is supported by unprecedented on-chain growth. According to Token Terminal, monthly active users on BNB Chain have reached a record 60 million.
Furthermore, daily active users have crossed 4.3 million, and trading volume has soared to $85.4 billion. This surge in utility, combined with a recent gas fee reduction, creates a strong fundamental basis for the rally.
Growing Institutional and Treasury Adoption
The BNB price surge is also being driven by institutional adoption. Notably, Chinese firm Jiuzi Holdings has included BNB in its $1 billion crypto treasury plan.
Similarly, Kazakhstan’s state-backed Alem Crypto Fund has made BNB its first portfolio asset. Consequently, this institutional validation adds a significant new source of demand.
Technical Outlook: Can the BNB Price Surge Continue?
Technically, the Binance chain coin price surge has pushed the Relative Strength Index (RSI) to 71.43, signaling overbought conditions. While this suggests a potential pullback, no bearish divergence has formed yet.
Immediate support lies at $1,100. A daily close above the $1,200 resistance could open the path toward $1,250, provided broader market momentum remains positive.