#bnb市值超越纽约梅隆银行

$BNB The market cap has surpassed the Bank of New York Mellon. This time, Binance really treats Wall Street as a peer.

$BNB is now around $790, with a market cap of $105 billion—already higher than the Bank of New York Mellon’s recent market cap of about $104.6 billion.

And this isn’t just pushed up by a single big bullish candle. Over the past 7 days, BNB is up about 9.8%, and the 24-hour trading volume is close to $2 billion. But on CoinGlass, futures trading is around $1.2 billion and spot about $200 million; open interest (OI) has reached $1.27 billion.

Clearly, not all this money is just spot. Leverage is already on the table. But BNB’s own fundamentals are moving in sync as well: tokenized stock trading on BNB Chain has already scaled up. Binance Research shows that in August, the monthly trading volume of tokenized stocks reached $7.9 billion. BNB Chain and Robinhood Chain combined account for the vast majority of recent on-chain activity.

Add to that Binance’s recent $100 million investment in Circle, and the lines—stablecoins, exchanges, and on-chain assets—are starting to look more and more like a complete financial infrastructure stack.

I’m still broadly bullish on BNB.

$800 isn’t just a psychological level anymore; it’s now being used to test how far this revaluation can go. Short-term leverage is definitely getting a bit hot. But if BNB can keep holding around $800, I’ll continue holding and watching rather than calling a top just because it’s gone up “too much.”