BNB climbed from approximately $590 in mid-August to above $700 within days, gaining 18% over seven days in one of its strongest recoveries in 2025. CoinGecko recorded a close of $707.48 on August 26, while CoinLore reported a following-day close of $712.16 after an intraday high of $714.88. The advance lifted BNB’s market capitalization to approximately $94 billion, although the token remains below its record high of $1,373.40, representing roughly 92% upside to that level from its current valuation. Traders are watching $725 as key resistance, with $690–$695 identified as immediate support. BNB’s daily Relative Strength Index (RSI), a momentum gauge, has entered the 70-to-80 range, with some data sources showing readings above 80. Other momentum indicators are also extended, while MACD readings remain positive. Elliott Wave analysis projects a potential Wave B rebound between $780 and $1,190 before another corrective phase, and some analysts have identified $984 as a possible December target. Rand Group said a monthly close above $670 would be extremely bullish for BNB. The rally coincided with stronger broader sentiment, including big-money positioning classified as extremely bullish on August 25, Bitcoin moving toward $80,000 and the Fear and Greed Index reaching its highest level since January.