Binance Coin Soars to $645 as Nano Labs Commits $500M to BNB Reserve

Binance Coin (BNB) experienced a significant surge, reaching $645, following a major institutional endorsement from Nasdaq-listed Nano Labs. The company announced a $500 million strategic reserve commitment exclusively to BNB, marking a pivotal moment for the cryptocurrency. Former Binance CEO Changpeng Zhao publicly supported the move, clarifying that Binance itself was not involved in the decision. This announcement not only boosted BNB's price but also positively impacted Nano Labs' stock price. Technical indicators suggest further potential for BNB's growth, reinforcing its strong position in the market.

BNB Gains Institutional Backing Amid Mixed On-Chain Signals

Binance Coin surged to $645 following Nasdaq-listed Nano Labs' $500 million strategic reserve commitment, marking a significant institutional endorsement. Changpeng Zhao publicly endorsed the MOVE while clarifying Binance's non-involvement, stating "Nano Labs Ltd becomes a BNB-only strategic reserve public company" in a market-moving announcement that propelled the firm's stock price.

Technical indicators show promise as BNB breaches the 50 EMA and tests the 20 EMA, suggesting potential for a $725 breakout. However, network metrics paint a contrasting picture - daily transactions on BNB Smart Chain fell 6.49% to 14 million, while new addresses and smart contract deployments dropped 20.73% and 17.4% respectively.

The divergence between institutional validation and weakening grassroots activity creates a complex landscape for BNB. Market participants now weigh Nano Labs' half-billion dollar bet against concerning engagement metrics that could impact long-term adoption trajectories.

Binance Delisting 5 Altcoins on July 4

Binance will remove Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO) from its platform on July 4, 2025. The decision stems from a routine review assessing development activity, trading volume, and regulatory compliance. Markets reacted immediately, with sharp sell-offs across the affected tokens.

Trading for these assets will halt at 06:00 AM UTC on the delisting date. Open orders will be canceled automatically, with remaining balances returned to users' spot wallets. Traders must migrate holdings to alternative platforms or private wallets before the deadline. Derivatives and earn products tied to these tokens will face discontinuation.

The announcement has sent ripples through niche crypto communities, forcing projects to establish new liquidity channels. Investors now confront a classic hold-or-fold dilemma—weighing speculative potential against exchange accessibility risks.

1inch DEX Aggregator Integrates Uniswap’s Unichain for Enhanced Multi-Chain Trading

The 1INCH decentralized exchange aggregator has expanded its multi-chain capabilities by integrating Uniswap's Unichain network. This strategic move enhances MEV protection, transaction speeds, and swap rates across the platform's growing ecosystem of supported blockchains.

Unichain becomes the latest addition to 1inch's cross-chain infrastructure, joining established networks including Ethereum, Solana, and Polygon. The integration enables seamless asset tracking and management through 1inch Wallet and Portfolio services, with full visibility of Uniswap liquidity pools.

"This aligns with our vision for a fully integrated cross-chain DeFi ecosystem," said 1inch co-founder Sergej Kunz. The partnership leverages Unichain's native MEV protection and DEEP liquidity pools to push boundaries in decentralized trading efficiency.

Chinese Tech Firms Embrace Crypto for Treasury Diversification

Publicly traded companies in China are increasingly integrating digital assets into their treasury management strategies. Aurora Mobile, a Nasdaq-listed firm based in Shenzhen, has approved crypto allocations as part of its long-term asset plan, earmarking up to 20% of its cash reserves for Bitcoin, Ethereum, Solana, and SUI. The move aims to enhance portfolio diversification and capitalize on the non-correlated nature of crypto markets.

Nano Labs, another Chinese company, has secured a $500 million convertible note deal to acquire Binance Coin (BNB), signaling a broader trend of institutional adoption. These developments reflect a strategic shift among Asian firms from passive observation to active deployment of cryptocurrencies as treasury assets.