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Binance Coin Surpasses $1,000: Binance Coin (BNB) has reached a new all-time high of $1,005, driven by institutional demand and favorable macroeconomic conditions, including a recent interest rate cut by the Federal Reserve.
Institutional Interest and DeFi Growth: Significant investments from firms like B Strategy and CEA Industries indicate strong institutional interest in BNB, while the total value locked (TVL) on Binance Smart Chain has surpassed $7.93 billion, reflecting increased user engagement and DeFi activity.
