BNB may see a return to the $1,350–$1,400 price range, supported by Binance's stablecoin leadership and increasing investment from institutions.

Recent BNB Price Increase

BNB's price recently surged to approximately $1,300, largely attributed to Binance's rising share of stablecoin reserves, nearing 70%. This increase signifies concentrated buying power within the exchange and is supported by positive data from the 90-day Spot Taker CVD. The increase in on-exchange liquidity significantly influences the price movement.

Key Technical Levels and Indicators

Technically, BNB is positioned to potentially retest levels between $1,350 and $1,400 if buying pressure remains consistent. Conversely, a cooling of momentum, indicated by falling RSI and CMF, could lead to a pullback towards $1,200. Traders should closely monitor these technical indicators for potential trend changes.

Exchange Dynamics and Future Outlook

Binance’s dominance in BTC trading and rising stablecoin reserves are key factors driving BNB’s price action. Positive 90-day Spot Taker CVD data further validates sustained buyer dominance. Observing on-chain stablecoin reserve shares and technical indicators like RSI and CMF will be vital for assessing the price's future direction.