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BNB price nears $704 after 16% weekly gain amid crypto rally and upcoming Pasteur hard fork.

Market News
24 Aug 2026
Crypto news
View Source
Bullish
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BNB price rose nearly 16% over the past week, reaching around $704 on August 24, driven by a broader crypto market rally and anticipation of the Pasteur hard fork on August 25. The upgrade aims to improve network security and capacity without affecting BNB supply, supporting positive trader sentiment. Technical indicators show BNB is in overbought territory with resistance near $719 and $734, suggesting potential consolidation or pullback before any further gains. Market optimism is also bolstered by favorable US regulatory developments and increased activity on the BNB Chain.

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