BNB Rallies Above $870 on Volume Surge, Outperforms Peers — $900 in Sight

Headline: BNB Climbs Above $870 as Volume Spikes — Outperforms Major Tokens BNB pushed higher over the past 24 hours, gaining roughly 2.5% to trade around $872, outpacing most major cryptocurrencies as the broader market recovered. The CoinDesk 20 (CD20) index rose 1.4% during the same period. According to CoinDesk Research’s technical analysis model, BNB stayed well above the $850 support zone despite elevated market volatility. Trading action showed the token moving past $851 early in the session and steadily climbing to a peak near $876 before settling into consolidation. Daily on-chain and exchange volumes climbed well above recent averages, which market observers say points to involvement from larger traders rather than purely short-term retail flows. Price behavior followed a typical accumulation pattern for a major token: BNB logged higher lows throughout the day and held gains in stretches where many other tokens pulled back. Sentiment has also been bolstered by ecosystem developments, including PancakeSwap’s launch of an on-chain prediction market, Probable, which adds utility and activity to the BNB Chain. Traders are now watching key levels: holding above $870 would keep bullish momentum intact and could see BNB test resistance in the $880 area. A sustained move above that range would likely refocus attention on the $900 mark. Conversely, a drop below $850 would raise questions about whether recent gains reflect durable accumulation or shorter-term positioning. Disclosure: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team for accuracy and standards. For more information, see CoinDesk’s full AI Policy. Read more AI-generated news on: undefined/news