After experiencing volatility last night, BNB saw a large influx of funds, briefly touching $770 earlier, successfully breaking through the historical high set in June of this year. (Background: XRP overtakes BNB to become the fourth largest by market cap! Is 'off-chain layout' able to soar more than on-chain heat?) (Additional background: Standard Chartered analyst: SOL is almost certain to reach a new high by the end of the year, while ETH must wait until Trump is inaugurated) The public chain BNB Chain (formerly known as Binance Chain) after reaching a low of $622 during the Bitcoin drop last night, initiated a strong upward surge, briefly surpassing $770 as of the time of writing, successfully breaking through the historical high set in June of this year. In terms of market cap, the gap between BNB Chain and SOL, which surpassed it in mid-last month, has narrowed to less than $4.3 billion, securing its position as the sixth largest token. BNB's market cap has surpassed Keyence, Dior... Additionally, according to 8marketcap data, BNB Chain's market cap currently reaches $109 billion, ranking 181st globally in asset market cap, surpassing the established Japanese company Keyence and the well-known luxury brand Dior... Related reports: How to maximize SOL returns? Understanding the principles, opportunities, and risks of the Jito restaking protocol. How to trade on U.S. election day? Analysts suggest: go long on Bitcoin while shorting SOL. Arthur Hayes: I am more bullish on Solana than on ETH; the election results are not important, 'Fed rate cuts' are the key. "BNB breaks $770 to set a new historical high! Market cap reaches $109 billion, surpassing Dior and Keyence..." This article was first published on BlockTempo (the most influential blockchain news media).

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