Binance’s BNB Breaks $810 as Institutional Demand Grows
BNB has surged past the $810 mark, demonstrating resilience after testing the $800 support level earlier in the session. The cryptocurrency now faces a crucial resistance test at $815, having systematically overcome smaller barriers at $803.50, $807.20, and $809.50. Institutional interest continues to drive momentum, with CEA Industries emerging as the largest BNB holder following a $160 million purchase. Other notable buyers include Nano Labs and Windtree Therapeutics, signaling growing corporate adoption. This development underscores BNB's strengthening position in the market as it attracts significant institutional capital. The token's performance reflects broader bullish sentiment in the crypto space, particularly for exchange-based tokens with strong utility cases. As of August 13, 2025, BNB's price action suggests potential for further upside if it can convincingly break through the $815 resistance level.
BNB Surges Past $810 as Institutional Buyers Eye Key Resistance
BNB rallied 1.5% to breach the $810 level, shaking off early session weakness that tested $800 support. The token now faces a critical test at $815 resistance after methodically overcoming smaller barriers at $803.50, $807.20, and $809.50.
Corporate adoption continues fueling momentum, with CEA Industries emerging as the largest BNB holder after a $160 million purchase. Nano Labs and Windtree Therapeutics are among other firms establishing BNB treasuries, signaling growing institutional interest.
Trading patterns revealed textbook institutional accumulation - BNB carved higher lows between $800.44 and $804.08 while absorbing sell orders. The $22.41 range from $792.47 to $814.88 saw concentrated buying at $800-$803, with resistance emerging NEAR $811.71 before algorithmic selling pressured the $814-$815 zone.
Binance Lists BFUSD with Fee-Free Trading Campaign
Binance has announced the listing of BFUSD, a new altcoin, with trading set to commence on the BFUSD/USDT pair at 5:00 PM Turkish time on August 13, 2025. The exchange is rolling out a zero-commission campaign for this pair, effective immediately and lasting until further notice. This MOVE aims to reduce trading costs and enhance liquidity during the promotional period.
BFUSD is positioned as a yield-generating asset, allowing users to earn rewards based on holdings. It can also be used as collateral in Binance Futures' Multi-Asset Mode, enabling traders to maintain exposure while accruing additional benefits. The indefinite duration of the fee waiver underscores Binance's commitment to fostering adoption.