Binance Coin (BNB) has been in the spotlight after Franklin Templeton, one of Wall Street’s biggest asset managers, announced the expansion of the $742 million Benji Onchain US government money fund to the BNB chain.
Franklin Templeton expands Benji into BNB chain
The Benji Platform tokenizes Franklin’s government money fund stocks into Benji tokens, allowing peer-to-peer transfers, daily subscriptions and real-time NAV tracking.
Since its launch, the fund has paid more than $51 million in dividends and is now operating on multiple blockchains.
By integrating with the BNB chain, Franklin Templeton aims to reach a wider investor base, citing low-cost, high-speed (200+ TPS) and strong retail and institutional adoption of its network.
The liquidity of the BNB chain has already skyrocketed, with analysts pointing to a permanent trading volume of $51 billion on the network.
Still, competitors like Solana, Ripple and Securitize are racing to capture the tokenization flow.
BNB Price Analysis: $10,000 or Bust?
BNB currently trades around $989 and is facing a pullback after charging a new ATH of over $1,000.
The weekly chart shows the decisive breakouts from the ascending triangle pattern of multiple years.
If momentum continues, the structure projects the measured project Move to $10,000hinting at an astounding 900% rally from current prices.
Support indicators include a bullish MACD crossover and an RSI of 68.95, reflecting strong purchasing momentum.
BNB Price | Source: TradingView
However, if the breakout proves to be false, a breakdown ($675-$700) below the main support ($675-$700) could open the door for serious corrections and pull the BNB back into the $200 zone, indicating a 79% drop from the current level.
Does BNB surprise investors?
Franklin Templeton’s decision to expand Benji into the BNB chain shows that tokenization of the system is moving from pilot projects to actual adoption.
For BNB, this means that the fundamentals match the technical setup. If the breakout continues, the BNB can enter the parabolic stage.
$Hyper Presale steals the spotlight when BNB sees a massive breakout
While BNB grabs the headlines with a breakout setup, Bitcoin Hyper ($ hyper) Serious weight is gently pulling on the background.
The project has already been raised $18 million And we are building and combining a full-scale ecosystem directly into Bitcoin. Solana speed and low price and Bitcoin’s unparalleled security.
This means faster transactions, cheaper costs, and platform defi, nfts, meme coins, games You can run natively on Bitcoin without relying on Ethereum or other chains.
For early supporters, it is a rare opportunity in a market looking for what comes next.
By tackling two of Bitcoin’s biggest issues, slow and high fees for transactions – $Hyper can unleash a wave of new innovations in the world’s most reliable blockchain.
With a strong foundation and well-known supporters, it is becoming one of the most exciting opportunities of this bull cycle.
To buy $Hyper, go to the official Bitcoin Hyper website and connect a supported wallet like the best wallet.
Grab the Hyper for just $0.012975 before the next price jumps Less than 24 hours.
You can buy immediately from your wallet using encryption or use your debit or credit card to join the pre-sale in seconds.
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A crypto journalist with over five years of experience in the industry, Perth has worked with leading media outlets in the Crypto and Finance world, gathering experience and expertise in this field after surviving the bear and bull market for many years. Perth is also the author of four self-published books.
Parth Dubey on LinkedIn