Cryptocurrency Live News & Updates : BNB Price Reaches New High of $880
BNB (Binance Coin) has surged 4.48% to $873.31, achieving a new all-time high, driven by institutional buying and ecosystem growth. BNB has made headlines recently, hitting an all-time high of $880, buoyed by a 4.48% increase in the last 24 hours. This surge is attributed to significant institutional investments, including a $160 million purchase by Nasdaq-listed BNB Network Company, which now holds 325,000 tokens. The growing institutional confidence is further highlighted by Windtree Therapeutics' $60 million allocation in July. Meanwhile, the memecoin Pepeto is gaining traction, aiming to transform $20,000 into $1 million through its zero-fee trading platform and cross-chain bridge, appealing to traders seeking efficiency. Additionally, xStocks, a tokenized equity platform on Solana, has surpassed $2 billion in trading volume within six weeks, showcasing the rapid adoption of tokenized assets. As BNB continues to break resistance levels, market participants are closely monitoring its potential to maintain momentum above $900, while Pepeto and xStocks illustrate the evolving landscape of cryptocurrency and decentralized finance. Show more
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