BNB News: BNB Surges Nearly 5% With Strong Volume Support, Eyes $750 as Institutional Accumulation Grows

Technical breakouts, market sentiment, and macro tailwinds support bullish BNB trajectory amid global volatilityBNB, the native token of BNB Chain, surged by 4.54% in the past 24 hours, climbing from $650.03 to $679.53, backed by a notable spike in trading volume that signals institutional accumulation. As macroeconomic tensions mount and crypto-friendly leadership reshapes U.S. regulation, analysts suggest BNB could target $750 in the short term.Key Highlights:BNB rallied 4.54%, reaching an intraday high of $679.53Volume doubled to over $1.08 billion, signaling institutional accumulationPaul Atkins' appointment as SEC Chair fuels broader market optimismBNB Chain adoption expands via AI integration and lower gas fees, increasing competitivenessStrong technical patterns and geopolitical volatility favor continued upward momentumInstitutional Demand and Regulatory Shifts Drive SentimentBNB’s sharp rise comes amid intensifying global trade tensions, with investors seeking resilient assets. The appointment of crypto-friendly SEC Chairman Paul Atkins has also lifted sentiment across the market, especially for layer-1 ecosystems like BNB Chain.“The market's bullish reaction to Atkins' appointment underscores a renewed institutional appetite,” said a senior analyst at CoinDesk Research.BNB Chain Ecosystem Grows with AI and Utility UpgradesWhile Solana and Ethereum face congestion and regulatory overhang, BNB Chain continues to innovate, integrating AI tools and optimizing gas fee structures, making it increasingly attractive for developers and end-users.Technical Analysis: Bullish Structure With $750 in SightAccording to CoinDesk Research, BNB is forming an ascending channel, supported by strong volume clusters and consistent accumulation:Volume Analysis:Buy volume at $657–$658 triggered the rally07:00 UTC: Volume surged to 151,956 BNB, nearly 4x the 24-hour average07:00–11:00 UTC: Three consecutive high-volume hours confirmed accumulation trendFinal hour volume: Peaked at 251,202 BNBPattern Breakdown:A head-and-shoulders pattern formed, with the right shoulder completing around 11:34 UTCBNB broke below neckline support at $684, signaling short-term consolidationClosing price: $678.07, down 1.7% from intraday highSupport retest at $677 ongoing, with increasing sell-side pressureDespite a minor pullback, analysts suggest any dip could serve as an entry point for further gains, especially if volume remains elevated and BNB holds above the $665 support level, according to CoinDesk.