币界网报道:BNB price surged 5% amid reports that hedge fund executives are considering a $100 million investment strategy similar to MicroStrategy's Bitcoin accumulation. The Binance Smart Chain native token climbed to $585 as market sentiment improved, with analysts noting key resistance at $600. This comes as institutional players explore altcoin exposure strategies, with some comparing BNB's ecosystem growth to Ethereum's early trajectory. Trading volume spiked 40% overnight, reaching $2.1 billion, while open interest in BNB futures hit record highs. Market observers attribute the momentum to Binance's expanding DeFi ecosystem and recent mainnet upgrades, though some caution about potential regulatory scrutiny affecting price action. Technical indicators show BNB testing crucial Fibonacci levels, with support now established around $550.