Binance Coin achieves a valuation of $119 billion, overtaking Nike, with analysts predicting further price increases driven by strong demand and trading activity.
Binance Coin (BNB) has surpassed Nike’s market capitalization, reaching $119 billion as it hits a new all-time high of $861.2 per token. BNB's trading volume surged by 98%, generating over $3.85 billion in activity. Analysts anticipate BNB could reach $900 before the weekend, driven by strong demand and institutional interest, with Binance founder Changpeng Zhao acknowledging key market players. The BNB Chain leads in DEX volume, outperforming Ethereum and Solana, and analysts project a potential price target of $1,000 by Q4 2025.