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Binance Coin Price Today: BNB Slips to $728 as Grayscale Says

Reported by Openpr
Oct 16, 2026· 2 min read
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Key Takeaways
  • • BNB traded near $728 on CoinMarketCap after a 3.07% one-day decline, roughly 47% below its $1,370.55 record set on October 13, 2025.
  • • Grayscale research head Zach Pandl named BNB Chain, alongside Ethereum and Solana, among classic crypto assets investors should not overlook, in a Coinage interview that Yahoo Finance ran on October 13.
  • • Coinage cited a 389% gain for Zcash and 100% for Hyperliquid over the past year, while ETH fell 40% and SOL fell 45%, highlighting lagging performance of established large-cap tokens.
  • • BNB sits below its 20-day average of $761.09 and 50-day average of $744.55; BullishBanter identified $740 as a recovery line, with $750 as the next target.
  • • This article is a promotional press release from Pepeto, a presale meme coin project, and its claims about its own token and exchange are not independently verified.
Summary
Binance Coin (BNB) fell 3.07% in a day to $728 on CoinMarketCap, leaving the token about 47% below its $1,370.55 all-time high recorded on October 13, 2025. The decline comes as Grayscale research head Zach Pandl named BNB Chain, Ethereum and Solana as classic cryptocurrencies investors should not overlook. He made the remarks in a Coinage interview that Yahoo Finance published on October 13, and Crypto Briefing repeated related performance figures on October 14.

Coinage noted that over the past year Zcash rose 389% and Hyperliquid rose 100%, while ETH fell 40% and SOL fell 45%. The divergence suggests that established large-cap tokens have lagged newer performers. Pandl's view was framed as a call for patience rather than a near-term catalyst for BNB.

Technically, BNB trades below its 20-day average of $761.09 and its 50-day average of $744.55. According to a BullishBanter analysis published on crypto.news on October 15, a reclaim of $740 is needed before a move to $750 becomes realistic. Per the same report, holding $700 to $710 could open a path toward $790 to $810, while a break below $700 could point to $680 to $690. TokenPost projected an October trading range of $710 to $780 with a possible month-end close near $750. Longer-term support sits at the 100-day average of $672.49 and the 200-day average of $645.05. The token's market capitalization is cited at $95.81 billion.

The article also devotes substantial space to Pepeto, a meme coin in presale that promotes a decentralized swap with a 0.00% trading fee and says it has raised over $11.2 million. These claims are made by the project and its press release distributor, and the piece includes calls to enter the presale. Readers should treat these promotional statements as unverified and weigh them accordingly against the BNB market data above.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Openpr Binance Coin Price Today: BNB Slips to $728 as Grayscale Says