Moscow Exchange (MOEX) officially launched the MOEXBNB index on May 13, giving traditional investors regulated exposure to BNB for the first time. The move comes just days after the BNB Chain completed its Fermi hard fork, slashing block times from 0.75 seconds to 0.45 seconds and making it the fastest EVM-compatible network. These developments were accompanied by the 35th quarterly BNB burn, which removed 2.14 million tokens (worth over $1.3 billion) from the circulating supply, tightening tokenomics.
Meanwhile, Bitcoin trades near $80,677 after a six-week ETF inflow streak totaling $3.4 billion, according to 24/7 Wall Street. BlackRock’s IBIT alone holds over 821,000 BTC. Veteran trader Peter Brandt published a long-term framework on Yahoo Finance forecasting Bitcoin could reach between $300,000 and $500,000 by late 2029, assuming the four-year halving cycle continues. However, Bitcoin must first gain 59% to reclaim its October 2025 all-time high of $128,198.
CoinDesk noted three short-term signals pointing to a potential move toward $85,000: funding rates turning neutral, options desks going short gamma around $82,000, and sustained spot demand. The BNB price stood near $666, with analysts eyeing a break above $680 as a gateway to $720 and $900. The combination of the MOEXBNB index launch, institutional-grade BNB products, and accelerating chain performance is drawing fresh capital into the ecosystem.
