BNB (BNB), formerly known as Binance Coin, hits a new all-time high of $804.70 at the time of writing on Wednesday, after closing at its highest-ever weekly close last week.
BNB (BNB), formerly known as Binance Coin, continues its upward trend, trading above $670 at the time of writing on Thursday, following a breakout from a falling wedge pattern in late June. The bullish outlook is further supported by growing institutional interest in BNB.
BNB saw a 4% gain on Monday following plans by former Coral Capital Holdings executives to launch a $100 million treasury focused on cryptocurrency through an unidentified public company under their control, according to a Bloomberg report.