Institutional Buying Fuels BNB Surge: Wallet Holdings Climb 15% as Whale Activity Booms

Binance Chain’s native token, BNB, is experiencing a significant surge in institutional interest, with wallet holdings increasing by 15% in recent weeks. This rise, fueled by the growing adoption of Binance Chain within DeFi and NFT markets, is indicative of increasing confidence from both individuals and corporations. Analysts point to corporate purchases as key drivers behind this trend, particularly those seeking to capitalize on the growing popularity of BNB within various sectors. The surge is further reflected in the recent acquisitions made by public firms since late 2024, cementing BNB’s position as a preferred asset among institutional buyers.