BNB Climbs Slightly, Traders Probe $930 Level; Exchange Tokens Remain Stable

BNB Climbs Toward $930 as Corporate Treasuries Increase Holdings

BNB edged up 1.4% over the past 24 hours, reaching $933.03, as traders boosted positions ahead of potential U.S. interest rate changes. Large-volume trades helped push the token through key technical resistance, according to CoinDesk Research’s analysis.

Corporate treasuries now hold roughly 828,900 BNB, valued at about $770 million, with several firms, including CEA Industries, pledging to continue accumulating. CEA Industries leads corporate holdings with 389,000 BNB in its treasury.

The recent price movement reflects anticipation ahead of Wednesday’s Federal Reserve decision. CME’s FedWatch shows a 96% probability of a 25-basis-point cut and a 5% chance of a 50-bps reduction, while Polymarket traders place a 92% likelihood on the smaller cut.

Market activity indicates steady accumulation, as BNB held firm in the low $910s before briefly surpassing $930 and retesting that resistance level. Volume spikes throughout the session suggest broad-based interest rather than isolated buying.

BNB remains a dominant exchange token, used for fee discounts on Binance and within the BNB Chain ecosystem. It represents 81% of the sector’s market capitalization and, along with KuCoin’s KCS, is trading near all-time highs, reflecting sustained investor confidence and demand.

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