BNB Surges Past $800 as Market Appetite for Risk Grows and Institutions Lean In

BNB Surges Past $800 Amid Growing Investor Confidence and Corporate Accumulation

BNB climbed more than 3% over the past 24 hours, briefly surpassing the $800 mark to reach a high of $809.84. Trading volumes spiked, with over 125,000 tokens changing hands within an hour, according to CoinDesk Research’s technical analysis.

The rally is driven by an increasingly risk-on sentiment among investors, alongside expanding corporate interest. Nasdaq-listed Nano Labs disclosed a BNB holding of 120,000 tokens, while other companies such as Build & Build Corp. and WindTree continue to accumulate.

This boost helped BNB reclaim its position as the fifth-largest cryptocurrency by market capitalization, overtaking Solana after a brief dip earlier this week. Binance founder and former CEO Changpeng Zhao acknowledged the strong momentum, expressing appreciation for the community’s support.

However, BNB faces resistance near the $808 level, which could limit further gains in the short term. Prices may hover around $800 before attempting to break higher.