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BNB breaks $770 to create a new historical high! Market Cap exceeds 109 billion US dollars, surpassing Dior, Keyence..
After experiencing last night's volatility, a large amount of funds poured into BNB, which briefly surpassed $770 earlier, successfully breaking the historical high set in June this year. (Recap: XRP surpasses BNB as the fourth largest market cap! Is 'off-chain deployment' more likely to surge than on-chain?) (Background: Standard Chartered analyst: SOL's new high by the end of the year is almost certain, while ETH needs to wait until after Trump takes office.) The public chain BNB Chain (formerly known as Binance Chain) experienced a strong upward trend after hitting a low of $622 during BTC's decline last night, reaching over $770 at the time of writing, successfully breaking the historical high set in June this year. In terms of Market Cap, BNB Chain's gap with SOL, which surpassed it last month, has narrowed to less than $4.3 billion, firmly securing its position as the sixth largest token. BNB Market Cap surpasses Keyence, Dior... Additionally, according to data from 8marketcap, BNB Chain's Market Cap has reached $109 billion, ranking 181st in global asset Market Cap, surpassing Japan's well-established company Keyence and the well-known boutique brand Dior... Related reports: How to maximize SOL returns? Understanding Jito's stake protocol principles, opportunities, and risks How to trade on the US election day? Analysts suggest: go long on BTC and go short on SOL Arthur Hayes: I am more optimistic about Solana than ETH, election results are not important, 'Fed rate cuts' are the key This article was first published on BlockTempo, the most influential blockchain news media in motion.