BNB Surges Near $900 After Binance Strikes Partnership With Franklin Templeton

BNB price

The BNB price has surged 1.98% in the last 24 hours, to trade at $893, on a 64% decrease in the daily trading volume, to $2.88 billion

BNB recently hit a new all-time high of over $904 before pulling back slightly to $897, giving it a 28% gain so far in 2025. The rise came after Binance announced a major partnership with Franklin Templeton, a $1.6 trillion investment firm.

Together, they plan to create digital asset programs that combine traditional finance with blockchain. Leaders from both sides said blockchain can make financial systems faster, more efficient, and better suited for investors.

Another reason for the surge is growing interest from corporate treasuries. CEA Industries, a Nasdaq-listed company, bought 30,000 BNB worth $26 million, raising its total holdings to nearly $368 million. The company aims to own 1% of all BNB in circulation by the end of 2025,

which could make its treasury worth over $1.25 billion. With rising institutional demand and corporate adoption, BNB could be on track for a rally toward $1,400.

BNB Price Nears $900 Resistance After Strong Rally

Binance Coin (BNB) has kept up its strong upward trend, now trading around $894 as it tests the key $900 resistance level. The token has been moving higher since July, following a parabolic curve that shows strong buying momentum.

BNB struggled inside a downward channel before breaking out in March, and entered a consolidation phase between April and June. Things changed in July when BNB gained strength, breaking out of the consolidation zone and starting its current sharp rally.

BNBUSDT Analysis Source: Tradingview

The chart highlights a strong support zone between $720 and $740. This level is important because as long as BNB stays above it, bulls remain in control. If the price falls below this support, it could drop further, possibly toward $650.

The Relative Strength Index (RSI) is currently near 62, which suggests that BNB still has room to move higher before becoming overbought. This is a positive sign for traders, but it also warns of potential volatility near the $900 resistance.

Right now, the main challenge for BNB is to break above $900. If it succeeds with strong trading volume, the next target could be between $950 and $1,000. But if the resistance holds, the price may face profit-taking, which could push it back down to the parabolic curve line or the $720–$740 support zone.

About Author

Charles Kibue

About Author

Charles Kibue

Charles Kibue

Charles is a crypto journalist with years of hands-on experience in the blockchain world. He has a talent for turning complex crypto news into simple, clear stories. As a contributor to Coinnews and InsideBitcoins, Charles keeps readers up to date with accurate and easy-to-understand insights on the latest trends, tech, and market moves.
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