$BNB BNB has recently broken its all-time high, reaching $804.17, and is currently trading around $795.19 with a market capitalization of $110.83 billion. This increase is driven by:
- *Strong Risk-Adjusted Returns*: BNB's 5-year Sharpe ratio is 2.5, indicating high returns per unit of risk taken.
- *Increased Corporate Treasury Adoption*: Companies like Nano Labs and Windtree are exploring treasury strategies with BNB, adding legitimacy and demand.
- *Real-World Utility*: The use cases for BNB extend beyond trading, with applications in governance, collateral, and payments.
*Key Factors to Watch:*
- *Resistance Levels*: $804, $820.63, and $860.22 are potential resistance points.
- *Support Levels*: $750 remains a crucial support level, with additional support at $734.28 and $684.37.
- *Technical Indicators*: RSI at 74.37 suggests potential overbought conditions, while MACD indicates bullish momentum.

