đ„ Binance Coin đ„( $BNB )đ„ is experiencing a strong surge, currently trading near $765 after briefly crossing $800 đ. This rally is fueled by institutional interest, network upgrades, and regulatory progress đđ.
đĄ Notably, Hong Kong-based chipmaker Nano Labs đ„ïž announced plans to buy $1 billion in BNBâtargeting up to 10% of its circulating supply đȘâwhich boosted both its own stock and BNBâs price.
Binance also completed its 32nd token burn đ„đž, cutting nearly $1 billion worth of BNB from circulation. Key ecosystem upgrades, like the Maxwell hard fork âĄïž improving transaction speeds and the launch of tokenized stocks đ on BNB Chain, are strengthening the platform.
đïž Furthermore, the creation of the BNB Treasury Company and Binance securing a crypto license in India đźđł have bolstered investor confidence.
đ Analysts suggest BNB could climb to $1,275 by year-end if the current momentum holds, though market volatility đȘïž remains a significant factor.