Binance Coin Reaches New ATH Above $1,100: Price Momentum Drives Growth and Bullish Outlook

Binance Coin (BNB) is experiencing explosive growth as its price surged 5% to reach a new all-time high (ATH) of $1,087.26 within the past 24 hours. This surge comes alongside increased network activity and technical factors driving market momentum. The token’s impressive climb coincides with positive developments from Binance, including potential regulatory settlements with the US Department of Justice and a growing adoption of BNB as a treasury asset by public companies. On the back of this rapid growth, the total market capitalization has surged 2% to $21 billion, fueled in part by a surge in meme coin activity within the Binance ecosystem.