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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Mar 13, 2025 12:40 UTC
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Binance Coin Jumps 15% After $2B MGX Investment – Is a Rally Ahead?
BNB surges 15% in two days after Abu Dhabi-based MGX invests $2 billion in Binance.
MGX’s investment boosts investor confidence, pushing Open Interest up 6% to $734.93 million.
BNB eyes $650 as strong momentum builds, bouncing from $507 with bullish market sentiment.
Binance Coin (BNB) is back in the spotlight with a strong price surge. The token has jumped 15% in just two days, fueled by a massive $2 billion investment from Abu Dhabi-based firm MGX. This news has sparked excitement among investors, with many wondering if BNB is gearing up for a rally toward its all-time high (ATH).
BNB Recovers Strongly After Market Dip
Just days ago, BNB was struggling after a market-wide drop pushed its price down to $511.85. However, things have quickly turned around. The token has surged nearly 15% over the past 48 hours, gaining another 6% today to reach $580.88. BNB’s market cap now stands at $82.75 billion, with a daily trading volume of $1.84 billion.
Despite still being 30% below its ATH of $793.35, this recent rebound has renewed confidence among investors. The biggest driver of this recovery is MGX’s $2 billion investment, which could push prices even higher in the coming days.
What’s Boosting Investor Confidence?
The key reason behind BNB’s surge is the $2 billion investment from MGX, a major technology investor from Abu Dhabi. This is one of the largest investments ever made in a crypto company, and the fact that it was paid entirely in stablecoins adds credibility to Binance’s financial stability.
The announcement has triggered a surge in buying activity. In just one day, BNB’s trading volume jumped to $1.84 billion, while Open Interest—measuring the total value of outstanding contracts—rose nearly 6% to $734.93 million.
Additionally, options Open Interest saw a sharp 19.79% increase, reaching $11.96 million. This signals growing interest from both retail and institutional investors.
What’s Next for BNB? Key Levels to Watch
BNB has climbed 13.44% in just four 12-hour trading sessions, showing strong momentum. The price recently bounced back from $507, and if bulls continue to push, the next key resistance level to watch is $612.
A strong weekly close could give buyers more control, possibly driving BNB toward $650. Right now, the Relative Strength Index (RSI) is in a neutral range (30-70), meaning the market is steady but ready for a potential move.
BNB is currently holding near the $580 support level, making the next few days crucial in determining its next move.
If bulls stay in control, BNB’s journey toward its all-time high might just be getting started.
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FAQs
Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruits.
The all-time low price of Binance Coin was $0.09611 on August 01, 2017.
Yes 
No 
