Binance cryptocurrency accelerates in search of historical maximum

BNB, the cryptocurrency created by Binance, approaches decisive levels to define whether it breaks its resistance and establishes a new historical maximum. Will it achieve it?

On July 25, BNB marked a record of $ 860. Since then, the price has retreated 7.5%, currently quoting at $ 801. However, it is a favorable short -term trend, since the cryptocurrency is supported by the general rebound and the impulse of Bitcoin (BTC), which this August 11 exceeded the USD 120,000 again.

From the technical point of view, the RSI indicator of 14 periods (which measures the impulse of the market), is located in 60.87, above the average of 57.85, measured since the beginning of 2025, as seen in the following graph provided by TradingView.

Although distanced from the threshold of 70 that marks overcompra, it maintains a bullish inclination. The latter, being A level that supports the perception that the asset retains a buying force.

The bnb up thesis is backed by analysts from the TrainingView community. For example, the user “The Thief” said that there is a strategy called “gold leak”, which contemplates breaking the resistance in $ 820 and looking for a return to the maximum of 860, with Stop loss In USD 783.

According to its analysis, the buying pressure is increasing and sellers show weakness. The approach proposes multiple entry orders to capture bullish movements, managing the risk with discipline and avoiding operating in high volatility contexts.

“BNB is ready to burst its resistance. The buying pressure grows, the bassists tremble and we place multiple entries to capture each bullish movement. This is not an improvised robbery, it is a clean and fast escape plan,” said the trader.

The BNB Chain network shows signals

In the on-chain plane, the activity in the BNB Chain network shows signals that could anticipate a new impulse in the price. The current average of daily transactions is 11.8 million, according to BSCscan data. Although it is below the 14 million registered in July, It continues to represent an increase of 150% compared to Maywhen 4.7 million were counted.

On the other hand, active addresses currently exceed 2.06 million, 85% more than May 1.1 million, according to the same source. This, despite being below July 2.5 million.

Another key element is tokens periodic burning policy. In its 32nd burning, 1.5 million BNB was withdrawn, as Cryptonoticia reported. This mechanism reduces the available supply, which under stable or growing demand conditions Increase scarcity and favor bullish pressures.

To these factors is added the corporate interest in maintaining BNB as a treasury asset. Nano Labs is one of the most emblematic cases, considering that they saw in the cryptocurrency of Binance a way of strengthening their own finance.

Another remarkable case is that of Windtree Technologies, which is a signature of the biotechnological sector, which announced its decision to open a BNB treasury and finance the purchase with corporate debt.

However, the trend is extended. This August 11, BNB Network Company reported the purchase of 200,000 BNB, consolidating as the Stock Exchange Company with greater possession of this cryptocurrency. This movement is interpreted as a sign of institutional trust in the value and usefulness of the asset.

In general, the combination of solid foundations, a rising market led by Bitcoin and positive technical signals, raises a plausible scenario in which BNB could try again to overcome its historical maximum. It will be seen the development of events and if, in effect, the native cryptocurrency of the BNB Chain network can “burst its resistance.”