BNB News: BNB Hits New All-Time High of $804, Surpasses Solana as Altcoin Season Heats Up

Binance Coin (BNB) surged to a record $804, surpassing Solana in market cap. Fueled by rising demand, strategic token burns, and ecosystem growth, analysts now eye $900 as the next target.BNB Surges to New All-Time High of $804, Surpassing Solana in Market ValueBinance’s native token, BNB, has reached a new all-time high of $804, gaining nearly 5% in the past 24 hours and over 15% in the last seven days. The rally saw BNB's market capitalization surge to $111 billion, pushing it ahead of Solana (SOL), which now ranks sixth with a $108 billion market cap.The move comes amid a broader shift in momentum toward altcoins, as Bitcoin's dominance weakens and retail interest in alternative tokens grows. For BNB, however, the rise appears to be part of a long-term strategic trajectory rather than just short-term hype.Key Drivers Behind BNB’s BreakoutStrategic Utility Within Binance EcosystemBNB remains central to the Binance platform, used for trading fee discounts, staking, launchpad participation, and ecosystem incentives. This consistent utility continues to generate structured, long-term demand.Token Burns Create ScarcityBinance regularly conducts scheduled token burns, reducing BNB's circulating supply and supporting upward price momentum. Millions of BNB have already been burned, contributing to growing scarcity.BNB Chain Ecosystem GrowthThe BNB Smart Chain (BSC) has emerged as a hub for DeFi projects, NFTs, and dApps, thanks to its low fees and high throughput. This growing developer and user base further solidifies BNB’s role as a foundational asset in the Web3 space.Technical Indicators Signal More UpsideData from CoinGlass shows BNB futures Open Interest (OI) hit a yearly high of $1.23 billion, up from $1.05 billion earlier this week. Rising OI typically reflects fresh capital entering the market, often leading to sustained price movements.BNB’s funding rate has also flipped positive at 0.023%, suggesting increased bullish sentiment among traders. Technically, BNB is still not in overbought territory, with an RSI of 73 and a bullish MACD crossover on the 4-hour chart.“BNB’s breakout above $800 was long anticipated, and with its strong fundamentals and ecosystem utility, this could be just the beginning,” one analyst noted.$900 In Sight — Then What?If current momentum holds, BNB could soon test the psychological resistance at $900, especially if positive sentiment continues across altcoins. However, a short-term pullback is also possible. Analysts identify $742 as key weekly support, which could serve as a consolidation zone before the next leg up.BNB’s Long-Term VisionAccording to CoinCodex and other projections, BNB could reach $916–$975 within the next 6 months, and potentially $2,000 by 2030 if current adoption trends and ecosystem expansion continue. With its role expanding into DeFi, payments, and even digital identity infrastructure, BNB is increasingly being viewed as a strategic crypto asset with real-world utility.Notable MilestonesATH Reached: $804.32 at 4:03 AM (UTC+3)Previous Record: $793.86, broken after weeks of resistanceMarket Cap: $111 billion, 5th largest crypto7-Day Gain: +15%Funding Rate: 0.023%Futures OI: $1.23B (highest since December)Conclusion:BNB’s breakout above $800 isn’t just a headline—it reflects a maturing ecosystem, strong tokenomics, and increasing investor confidence. Whether $900 is hit this week or later, one thing is clear: BNB is no longer flying under the radar.