BNB Slides 11% From Record Levels Even With Coinbase Roadmap Inclusion

BNB Falls 11% From Record High Despite Coinbase Roadmap Inclusion

BNB has dropped 11% from its all-time high of $1,370, hitting an intraday low of $1,151.50 before stabilizing near $1,180. Its recent addition to Coinbase’s listing roadmap has not provided a noticeable boost to the token’s price.

The decline triggered over $630 million in liquidations across more than 210,000 trader accounts, as the market turned risk-off. During the 24-hour session, BNB showed signs of recovery, climbing from its low of $1,151 to a session high of $1,194.06, with elevated trading volume of $6.19 million, according to CoinDesk Research.

Adoption and Institutional Interest Grow

The price pullback comes despite expanding adoption. China Merchants Bank International (CMBI) recently tokenized its USD money market fund on the BNB Chain, issuing CMBMINT and CMBIMINT for accredited investors through DigiFT and OnChain.

BNB’s inclusion in Coinbase’s asset listing roadmap coincided with the exchange’s launch of its “Blue Carpet” initiative, designed to streamline onboarding for token projects. While roadmap inclusion does not guarantee a listing, it represents a rare acknowledgment of Binance’s native token.

Institutional interest in BNB also continues to rise. China Renaissance, a Hong Kong-listed investment bank, reportedly plans a $600 million BNB-focused treasury, reflecting 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 pointed to BNB Chain metrics, noting $3.3 billion in daily DEX volume and nearly $10 billion in total value locked across DeFi in Q2. He added that many Western investors still overlook BNB, describing it as “digital infrastructure equity” with fast-growing institutional interest outside the U.S.

“There’s no ETF for BNB, yet institutional demand is rising quickly. We’re bridging that gap,” Namdar said.

Market Outlook

BNB is down 0.38% on the day, with traders watching whether the $1,150 support level can hold. Macro factors, including heightened U.S.–China trade tensions, have driven investors toward safe-haven assets like gold, which recently topped $4,200, adding pressure on risk assets such as cryptocurrencies.