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🔹 Market Performance
- The current price of BNB is approximately *632.32*, with an increase of **11.6
- Technical analysis shows resistance at the *608* level, with the potential for continued selling pressure if the support level at *596* is broken. [2]
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🔹 Institutional Developments
- *Nano Labs* announced plans to purchase *1 billion* BNB, resulting in a 100% increase in its stock. [3]
- Binance has entered a strategic partnership with the government of *Kyrgyzstan* to launch digital payment infrastructure, contributing to a 1% increase in the price of BNB. [4]
