Grayscale Investments has taken another major step toward launching a spot BNB ETF in the United States by submitting a second amended S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The updated filing highlights the companys continued efforts to introduce a regulated investment product tied to BNB, the native cryptocurrency of the Binance ecosystem.
BNB Chain handles 40% of global stablecoin activity while 179,000 AI agents use its financial layer.
BNB trades near $687 as Grayscale updates its spot BNB ETF filing, while analysts watch breakout levels and a long-term $1,000 target.
Whale accumulation may be early signal of relative strength shift for BNB/ETH this Q2.
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
BNB price continued climbing this week as bulls attempted to confirm a breakout above a key neckline resistance zone, with a bullish double bottom structure on the daily chart signaling the potential for a larger upside move toward the $750
BSC tests ML-DSA-44 signatures and pqSTARK aggregation as quantum computing threats grow closer.
Post-quantum cryptography is becoming a major focus across the blockchain industry as researchers prepare for the future threat of quantum computers. A new report from BNB Chain Research shows that the biggest challenge for blockchain networks may not be consensus systems, but the massive increase in transaction and block sizes caused by quantum-resistant signatures.
Stablecoin supply also went up $16 billion.
BNB Chain published a technical report on post-quantum cryptography migration for BSC, based on the NIST FIPS 204 standard. Transaction signatures migrate to ML-DSA-44 and consensus votes to pqSTARK, with blocks growing up to ~2 MB at 2,000 TPS.
BNB Chain has launched a framework for on-chain AI agent identity and payments built on the ERC-8004 standard, aiming to give autonomous agents a practical way to authenticate, transact, and operate across decentralized applications.
BNB approached the local range's highs at press time, and the market hasn't yet made its mind up on where to take prices next.