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BNB Price Sets Record, Despite Recent Market Downturn

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by Giorgi Kostiuk

4 hours ago


The BNB cryptocurrency has reached a new all-time high of $883, despite the recent overall market decline.

New All-Time Value of BNB

BNB prices exhibited a sharp increase, reaching a record high of $883. This occurred amid a general decline in risk assets, including cryptocurrencies, as investors became more cautious.

Spot Inflows and Open Positions

In the last 24 hours, there was a recorded inflow of $59.4 million in the spot market, marking the second-highest figure since the beginning of 2025. Open interest also surged to $1.5 billion, indicating a rally in trader interest.

Performance of Binance Smart Chain

The total value locked in the Binance Smart Chain surged to a three-year high of $13.4 billion. Active addresses on the network have consistently exceeded 14 million for nine consecutive weeks, confirming high interest in this cryptocurrency.

Despite short-term market fluctuations and a strong macroeconomic backdrop, BNB demonstrates potential strength and a confident move toward new heights.

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