BNB Gains 1.5% as Corporate Accumulation Eyes Larger Share of Supply

BNB rose nearly 1.5% in the last 24-hour period to test the $860 mark and is at near multisession highs after breaking key resistance zones in the upward ￰0￱ move came on unusually strong buying pressure in the most recent hour of trading, according to CoinDesk Research's technical analysis ￰1￱ surged to 49,560 tokens, about 70% above the 24-hour average of 27,459. The price broke through layered resistance at $851–$853 before a push above $854 kicked off the final leg to current ￰2￱ a shorter 60-minute window, BNB added 0.5% as it rose from $854.75 to $859. The gains in BNB came as broader crypto markets flashed green and after CEA Industries announced it expanded its total BNB stash to 388,888 tokens worth $330 million while targeting 1% of the supply by the end of the ￰3￱ broader crypto market, as measured by the CoinDesk 20 (CD20) index, rose 2.7% in the last 24 ￰4￱ rally comes as traditional markets saw a long-bond sell-off over rising concerns of swelling government ￰5￱ havens including gold have benefited from the trend, bringing the tokenized gold market past $2.5 billion.