The altcoin market's impressive growth has led BNB to reach a new all-time high of $774, accompanied by increased trading volume and market capitalization.
BNB's Record Price Surge
BNB has seen over 15% growth in the last 24 hours, setting a new record at $774. Trading volume soared with a 108% increase. It is now trading around $755, with market capitalization exceeding $108 billion.
Breaking Key Resistance Levels
BNB had previously faced resistance around $640. In June, the price neared $710 but failed to sustain. Positive market sentiment contributed to surpassing the $710 level, allowing BNB to reach $774.
Forecasts and Open Interest Analysis
Analyst Ali also predicted a potential rise of BNB to $1,630 in the future. There is a noticeable 44.2% increase in Open Interest, indicating heightened interest in BNB and potential for new highs.
With the altcoin market showing strong growth, BNB stands out as a top performer, hitting new records and drawing analysts' attention.