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BNB Near Record High After PayPay Takes 40% of Binance Japan and CEA Discloses $600M Buy

The surge has lifted BNB to the No. 3 spot by market value, with technical gauges flagging near‑term risk.

Overview

  • BNB traded around $1,300–$1,314 after setting a new all‑time high near $1,350 this week, rising about 30% in a week and roughly 600% from bear‑market lows.
  • Binance Japan announced PayPay acquired a 40% stake, with planned integrations including crypto purchases via PayPay Money and PayPay withdrawals for local users.
  • CEA Industries said it bought about 480,000 BNB for over $600 million at an average $860 and outlined a goal to hold 1% of total supply by year‑end.
  • BNB’s market capitalization hovered around $178–$179 billion, reclaiming third place as data providers reported record BSC active addresses in September.
  • Analysts highlighted targets near $1,486 to $1,983 and up to $2,000 as possibilities, while RSI and Bollinger Bands point to potential short‑term pullbacks.