- BNB market cap surpassed UBS after hitting a record price above $940.
- Changpeng Zhao urged banks to adopt BNB for trading, payments, and blockchain use.
- Technical analysis targets $1,300 as trading volume and investor interest continue rising.
Binance Coin — BNB, has staged a dazzling move that caught the financial world off guard. The token climbed beyond $940 this week, vaulting its market capitalization to $130.64 billion. That figure now tops the Union Bank of Switzerland’s valuation of $129.08 billion. The achievement feels like a rallying cry for crypto believers. It also handed Binance founder Changpeng Zhao a fresh reason to invite traditional banks into the blockchain era.
BNB Breaks Barriers with Relentless Momentum
BNB’s surge reflects more than speculative excitement. Trading volume spiked 11.11 percent within a single day, reaching $2.68 billion. The price jumped to $941.87 with a daily gain of 1.85 percent. Weekly growth hit 10.7 percent, while monthly performance added another 11 percent. Those numbers show powerful buying pressure from both retail and institutional investors.
Technical signals strengthen the bullish narrative. Market analyst Ali highlighted a breakout from a recent correction phase, forecasting a possible target of $1,300. The Relative Strength Index stands near 71.25, suggesting ample space for additional upside. Like a sprinter finding a second wind, BNB appears ready for another dash.
Yearly metrics underline steady strength. The token gained 72.85 percent over the past year and 34.03 percent year-to-date. Six-month performance shows a 56.31 percent climb. Such sustained momentum paints a picture of unwavering investor confidence. Competition adds another layer of drama. BNB briefly overtook Solana to reclaim fifth place by market capitalization when prices touched $903.
CZ Calls on Banks to Embrace BNB
Institutional interest is swelling. Nano Labs recently purchased $90 million worth of BNB for treasury holdings, signaling corporate faith in the token’s long-term potential. Stories of early investors turning modest sums into fortunes only amplify public fascination. A viral claim suggested a $300 stake from 2017 had grown to $25 million, though Zhao publicly questioned the proof.
Changpeng Zhao seized the moment to challenge global banks. He encouraged them to adopt BNB for trading, payments, and blockchain applications. Zhao even offered direct support to institutions ready to integrate the token. His invitation sounds like a bold bridge between traditional finance and a rapidly advancing digital frontier. Investors now focus on the next psychological milestone at $1,000.
Market watchers view a sustained trade above current levels as a key signal for further growth. The path ahead looks charged with potential, fueled by strong fundamentals and an expanding community. BNB’s climb above a banking giant’s valuation carries symbolic weight.
For traders, the moment feels like lightning in a bottle. For banks, Zhao’s call may prove irresistible as blockchain adoption accelerates. The question is no longer whether they will join the movement, but when they will answer.
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