It is trading $BNB near $788, as traders look ahead to the resistance level at $800—a psychological and price barrier that may determine the direction of the next move.

All eyes are on the 37th quarterly burn, a recurring event that reduces the supply of the coin, while traders watch its potential impact on the price.

At the same time, the tokenized equities sector is growing, which could add momentum to the BNB ecosystem and support demand for the coin.

As October approaches, speculation is increasing about whether these combined factors are enough to push the $BNB beyond $800 and trigger a bullish wave.

So far, the price remains near $788, and resistance at $800 is key. A clear breakout above it could open the door to additional gains, while failing to surpass it could mean continued consolidation.

There are no official confirmations regarding the magnitude of the burn impact or the flows of the encoded shares, but traders are closely monitoring these factors.

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