Binance’s native token, BNB, has experienced a remarkable surge, reaching a new all-time high of around $880. This impressive rise is attributed to a confluence of factors including rising institutional investment, strong technical performance, and an expanding ecosystem. Institutional Investors Driving Demand Notable examples include BNC’s acquisition of a substantial amount of BNB worth $283 million, and Windtree Therapeutics’ implementation of a BNB treasury strategy, both demonstrating growing confidence in the token. This has significantly reduced the amount of BNB available on exchanges, leading to tighter supply and strengthening upward price pressure. Technical Strength and Expanding Ecosystem Beyond institutional involvement, the BNB Chain is experiencing significant growth in daily transactions and total value locked (TVL), further boosting BNB’s utility and appeal. Token burns, coupled with increasing DeFi adoption, contribute to a decrease in supply and increase investor confidence. This impressive activity has caught many short-term traders off guard, leading to substantial liquidations in derivatives markets, fueling the upward momentum. **Future Outlook: Upside Potential Remains** The rally has brought about a turning point for BNB, signaling a significant shift driven by institutional support, supply constraints, and real-world utility. Technical strength, coupled with the growing ecosystem activity, suggests that further upside may lie ahead, with targets at $900–$905 being key points to watch.