Binance Coin (BNB) has made history by surpassing its all-time high and reaching a market value of $100 billion. This achievement has sparked significant interest among investors, leading to a notable increase in daily trading volume. Despite a slight decline, BNB's price remains bullish, indicating potential for further growth.

Technically, BNB's price has been on an upward trend, supported by its performance above the 50-day and 200-day simple moving averages (SMA). After a period of consolidation, the price action formed an ascending triangle pattern, which it broke out of on June 4, reaching an all-time high of $716. Market sentiment remains optimistic, with many predicting BNB could soon reach $1,000.

Interestingly, the price surge coincided with former Binance CEO Changpeng Zhao's prison sentence. Despite initial negative impacts, the crypto community's strong support for Zhao and Binance helped the exchange regain momentum. Binance's approach to listing major cryptocurrencies, including Notcoin (NOT), has also contributed to the increase in trading volume and BNB's price.

In conclusion, Binance Coin's recent achievement marks a significant milestone in its history. With a bullish outlook and strong market sentiment, BNB is expected to continue its upward trend, potentially reaching new heights. As the crypto market continues to evolve, Binance Coin's performance is definitely one to watch.