Binance Coin (BNB) Consolidation Near $1,000 – Will Momentum Break Out Soon?

Binance Coin (BNB), after a volatile week that saw prices swing between $930 and an all-time high of $1,375, has settled around the $990 mark. Despite brief intraday fluctuations, buyers continue to support key price zones, preserving the overall uptrend. 24-hour trading volume jumped 16.6% to reach $3.6 billion as BNB trades at $992.82 today, marking a 6.1% gain in the past 24 hours. Analysts attribute this sustained growth to expanding DeFi applications and increased institutional interest.