BNB Price Drops 11% from Record High Despite Coinbase Roadmap Boost

BNB has fallen sharply, slipping 11% from its all-time high of $1,370 this week to an intraday low of $1,151.50 before stabilizing near $1,180. The decline comes despite Binance’s native token being added to Coinbase’s listing roadmap, which had initially raised investor optimism. The market-wide downturn triggered over $630 million in liquidations across more than 210,000 trader accounts as sentiment turned risk-off.

BNB’s 24-hour trading range showed a brief recovery attempt, climbing from $1,151 to a session high of $1,194.06. Trading volume remained strong, with $6.19 million exchanged, according to CoinDesk Research’s technical analysis. Despite the volatility, adoption continues to grow. China Merchants Bank International (CMBI) recently tokenized its USD money market fund on the BNB Chain, issuing tokens CMBMINT and CMBIMINT for accredited investors via DigiFT and OnChain.

The token’s inclusion on Coinbase’s roadmap follows the launch of the exchange’s “Blue Carpet” initiative, designed to simplify onboarding for new crypto projects. While a roadmap addition doesn’t guarantee listing, it’s a notable signal of recognition for Binance’s ecosystem token. Meanwhile, China Renaissance reportedly plans a $600 million BNB-focused treasury, highlighting growing institutional interest.

David Namdar, CEO of CEA Industries, called BNB a “blue-chip digital asset” backed by strong fundamentals. He emphasized its tangible utility, noting that BNB Chain averaged over $3.3 billion in daily DEX volume and nearly $10 billion in total value locked in Q2. Namdar described BNB as “digital infrastructure equity,” with institutional demand expanding beyond the U.S.

Despite its robust ecosystem, BNB remains slightly down 0.38% for the day. Analysts are watching whether the $1,150 support level holds as global trade tensions and risk aversion push investors toward safe havens like gold, now above $4,200.