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BNB Slides 11% From All-Time High Despite Coinbase Roadmap Listing
BNB has fallen 11% from its record high of $1,370, dipping to an intraday low of $1,151.50 before stabilizing near $1,180. Its recent addition to Coinbase’s listing roadmap has so far failed to provide a meaningful boost to price.
The pullback triggered over $630 million in liquidations across 210,000+ trader accounts, as risk-off sentiment gripped the market. Despite the dip, BNB attempted to recover during the 24-hour session, rising from $1,151 to a high of $1,194.06, with elevated trading volume of $6.19 million, according to CoinDesk Research technical data.
Adoption Continues Despite Price Drop
BNB’s recent price decline comes even as adoption expands. China Merchants Bank International (CMBI) has tokenized its USD money market fund on the BNB Chain, issuing CMBMINT and CMBIMINT for accredited investors via DigiFT and OnChain.
The token was also added to Coinbase’s asset listing roadmap shortly after the exchange launched its “Blue Carpet” initiative, a streamlined onboarding process for new tokens. While roadmap inclusion doesn’t guarantee a listing, the move represents a rare nod toward Binance’s native token.
On the corporate treasury side, Hong Kong-listed China Renaissance reportedly plans a $600 million BNB-focused treasury, signaling growing institutional interest.
David Namdar, CEO of CEA Industries (BNC), a publicly traded BNB treasury firm, told CoinDesk:
“BNB is a blue-chip digital asset with real adoption, deep liquidity, and tangible utility — not just a narrative. The fundamentals speak for themselves.”
Namdar highlighted strong usage metrics on the BNB Chain, noting $3.3 billion in daily DEX volume and nearly $10 billion in total value locked across DeFi in Q2. He added that many Western investors still overlook the asset, describing BNB as “digital infrastructure equity” with rapidly growing institutional interest outside the U.S.
“There’s no ETF for BNB, yet institutional demand is growing fast. We’re bridging that gap,” Namdar said.
Market Outlook
BNB remains down 0.38% on the day, with traders watching whether the $1,150 support level can hold. Macro factors, including rising U.S.–China trade tensions, have pushed investors toward safe havens like gold, which recently topped $4,200, adding pressure to risk assets like cryptocurrencies.
