The BNB token rose over 3% in the past 24 hours, hitting $1,131 before a slight pullback. It outperformed the wider crypto market, which rose 2.43% in the same period. Trading volume hit 204,000 tokens, nearly three times the daily average, due to profit-taking near resistance levels.

Coinbase added BNB to assets under consideration for full platform support. China Merchants Bank International tokenized its USD money market fund on the BNB Chain. BNB Chain saw a record 3.6 million daily active addresses last week, its highest ever.

Corporate accumulation of BNB is growing, with China Renaissance reportedly planning a $600 million BNB-focused treasury. Despite recent gains, BNB remains 17% below its all-time high of $1,370. Traders are struggling to price-in rising demand amid market unease.

Read more at Yahoo Finance: BNB Outperforms Wide Market on Growing RWA Adoption, Potential Coinbase Listing