Franklin Templeton expands its $742M Benji Fund to BNB Chain, boosting BNB’s breakout to $10K.
By Parth Dubey
Editor Yana Khlebnikova
Updated
3 mins read
Binance Coin (BNB) is back in the spotlight after Franklin Templeton, one of Wall Street’s largest asset managers, announced the expansion of its $742 million Benji OnChain US Government Money Fund to BNB Chain.
The Benji platform tokenizes shares of Franklin’s government money fund into BENJI tokens, which allow peer-to-peer transfers, daily subscriptions, and real-time NAV tracking.
Since its launch, the fund has paid out more than $51 million in dividends and now operates across multiple blockchains.
By integrating with BNB Chain, Franklin Templeton aims to reach a wider investor base, citing the network’s low fees, high speed (200+ TPS), and strong retail and institutional adoption.
BNB Chain’s liquidity is already surging, with analysts pointing to $51 billion in perpetual trading volume on the network.
Still, competitors such as Solana, Ripple, and Securitize are racing to capture tokenization flows as well.
BNB is currently trading around $989, facing a pullback after claiming a new ATH above $1,000.
The weekly chart shows a decisive breakout from a multi-year ascending triangle pattern.
If momentum continues, the structure projects a measured move toward $10,000, implying a staggering 900% rally from current prices.
Supporting indicators include a bullish MACD crossover and an RSI at 68.95, reflecting strong buying momentum.
BNB Price | Source: TradingView
However, should the breakout prove false, a breakdown below key support ($675–$700) could open the door for a severe correction, potentially dragging BNB back to the $200 zone, marking a 79% drop from current levels.
Franklin Templeton’s decision to expand Benji to BNB Chain signals that institutional tokenization is moving from pilot projects to real-scale adoption.
For BNB, this means fundamentals are aligning with technical setups. If the breakout holds, BNB could enter a parabolic phase.
While BNB grabs headlines with its breakout setup, Bitcoin Hyper ($HYPER) is quietly pulling serious weight in the background.
The project has already raised $18 million and is building a full-scale ecosystem directly on Bitcoin, combining Solana’s speed and low fees with Bitcoin’s unmatched security.
This means faster transactions, cheaper costs, and a platform where DeFi, NFTs, meme coins, and games can run natively on Bitcoin, without relying on Ethereum or other chains.
For early backers, that’s a rare opportunity in a market looking for what comes next.
By tackling two of Bitcoin’s biggest issues – slow transactions and high fees – $HYPER could unlock a new wave of innovation on the world’s most trusted blockchain.
With strong fundamentals and big-name backers, it’s shaping up to be one of the most exciting opportunities of this bull cycle.
To buy $HYPER, visit the official Bitcoin Hyper website and connect a supported wallet, like Best Wallet.
Grab $HYPER at just $0.012975 before the next price jump in less than 24 hours.
You can buy instantly using crypto from your wallet, or use a debit or credit card to join the presale in seconds.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
