BNB Outperforms Wide Market on Growing RWA Adoption, Potential Coinbase Listing

Core Insights - The native token of the BNB Chain, BNB, experienced a price increase of over 3% in the last 24 hours, driven by institutional momentum and strategic selling [1] - BNB's price rose from $1,056 to $1,087, reaching a peak of $1,131 before a slight pullback, outperforming the broader crypto market which rose by 2.43% [1] - Trading volume surged to 204,000 tokens, nearly three times the daily average, indicating strong market participation [2] Adoption and Developments - Coinbase has added BNB to its list of assets for potential full platform support as part of its new "Blue Carpet" initiative [2] - China Merchants Bank International (CMBI) has tokenized its USD money market fund on the BNB Chain, issuing two tokens for accredited investors [3] - BNB Chain achieved a milestone with over 3.6 million daily active addresses, the highest in its history [3] Corporate Activity - Corporate accumulation is on the rise, with China Renaissance planning a $600 million investment to build a BNB-focused treasury [4] - Despite recent gains, BNB remains 17% below its all-time high of $1,370, with notable volatility reflected in a $79 intraday spread range [4]