A market cap passing a bank that has existed since the 1780s is a headline, not a valuation argument. The two earn money in completely different ways, so the comparison tells you about attention rather than about either business.
What it does mark is where that attention currently sits.
$BNB is at $784, roughly flat on the day, holding a tight $780 to $799 range on $126M of volume. Tight ranges after a big narrative move tend to resolve rather than persist.
Does a market cap comparison like this mean anything to you, or is it just a good headline? #BNBMarketCapPassesBNYMellon $BNB
What it does mark is where that attention currently sits.
$BNB is at $784, roughly flat on the day, holding a tight $780 to $799 range on $126M of volume. Tight ranges after a big narrative move tend to resolve rather than persist.
Does a market cap comparison like this mean anything to you, or is it just a good headline? #BNBMarketCapPassesBNYMellon $BNB
