Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12.

The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within 48 hours of the news, BNB surged more than 15%, breaking through key resistance levels and reaching a new all-time high of $864.

The rally comes amid strong corporate demand for major altcoins, as Ethereum and BNB both approach record valuations alongside Bitcoin’s latest all-time high.

Technical Outlook: Bullish but Overbought

Despite the excitement, technical indicators suggest caution in the short term. BNB’s Relative Strength Index (RSI) sits above 70, placing it firmly in overbought territory and hinting at the pote

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