In the wake of its bull run, BNB has once again broken its all-time high (ATH), this time reaching $860. Let’s take a closer look at this performance.
BNB breaks its all-time high (ATH) once again
Last week, we looked at the various reasons behind BNB’s new all-time high (ATH), which exceeded the symbolic $800 level.
Since the weekend, the token has enjoyed renewed bullish momentum, and BNB has managed to raise its ATH, which now stands at around $860, depending on the various data sources.
As a result, the asset has been able to build on its momentum, with the price of BNB standing at $850 at the time of writing, up 6.6% over 24 hours.
While the short-term trend is upward, like many other assets on the market, eyes are now turning to another symbolic level, namely $1,000 per token. To achieve this, BNB will need to rise by nearly 18%. In such a scenario, this would bring its market capitalization to $139.15 billion, up from $118.28 billion today.
