BNB has slipped below its long-standing bullish trendline, raising fresh concerns about a deeper pullback. However, the selloff is unfolding right into a key support zone, where multiple technical signals hint that buyers may be preparing for a counter-move. With breakdown risk clashing against early rebound signs, BNB now sits at a pivotal moment that could define the next major move. Bullish Trendline Break Signals A Change In BNB Market Character According to crypto analyst Marcus Corvinus, BNB has just experienced a significant structural shift by losing its long-held bullish trendline. This technical break is a critical development that is rapidly changing the market mood from optimism to caution, as a primary support trendline has been invalidated. Related Reading: BNB Rebound Underway? Price Caught Within A Head And Shoulders Pattern The analyst noted that while the price had been respecting this upward trend for a considerable period, this decisive break indicates that buyers are finally losing control. Momentum is visibly cooling off, providing sellers with the necessary opening to press and take command of the short-term price action. Corvinus warned that if the price fails to reclaim the broken trendline, the path will likely open for a much deeper move to the downside. He emphasized that this current behavior appears to be a fundamental shift in market structure rather than just a typical small pullback, suggesting a more prolonged period of weakness. Thus, the market has now entered a caution zone, with the analyst noting that bears are knocking on the door of lower support levels. The next major reaction from the market will be the deciding factor in whether BNB can recover its uptrend or embark on a new, sustained bearish trajectory. Confluence Emerges At Key Support Zone In a recent update shared on X, analyst Batman revealed that BNB is currently carving out a highly attractive long setup. The asset is exhibiting a rare alignment of multiple technical indicators, suggesting that the current price level may serve as a powerful launchpad for the next leg up. Related Reading: Binance Coin (BNB) Extends Pullback as Meme-Coin Rug Pulls Sting BNB Chain This setup is rooted in a confluence of support levels. Specifically, BNB is resting within a strong bullish Fair Value Gap (FVG). This high-interest zone has seen a positive reaction from the market, as the price tapped the 0.618 Fibonacci retracement level. To further bolster the bullish conviction, the momentum oscillators have aligned with the price action. Batman pointed out that the Stochastic indicator has officially formed a bullish divergence followed by a golden cross. Significantly, this combination signals that selling exhaustion has been reached and that buyers may be regaining control, thereby paving the way for a potential sustained price recovery. Featured image from Adobe Stock, chart from Tradingview.com
As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the tokenization of up to $2 billion in sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract foreign investors. $2 Billion Asset Tokenization Initiative According to Reuters, the agreement sets the stage for a potential collaboration focused on allowing the tokenization and blockchain-based distribution of various real-world assets (RWAs) held by the Pakistani government. These assets may include sovereign bonds, treasury bills, and a range of commodity reserves such as oil, gas, metals, and other raw materials. Related Reading: Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism The country’s finance ministry, Muhammad Aurangzeb, indicated that while the initiative could involve assets valued at up to $2 billion, final approval is still pending. The goal is to improve liquidity, transparency, and access to international markets for these assets. Aurangzeb remarked that the memorandum of understanding signifies Pakistan’s commitment to a reform-oriented economic trajectory and establishes a long-term partnership with Binance. Binance founder Changpeng Zhao expressed optimism about the agreement, calling it “a great signal for the global blockchain industry and for Pakistan.” He suggested that this partnership marks the beginning of a significant shift toward fully implementing the tokenisation initiative. PVARA Provides Initial Clearance For Binance And HTX In addition to this MoU, Pakistan has granted initial clearance for Binance and cryptocurrency exchange HTX, to register with local regulators as part of their efforts to establish domestic subsidiaries. This step allows both companies to prepare applications for full exchange licenses. The Pakistan Virtual Assets Regulatory Authority (PVARA) provided these early approvals after assessing the governance and compliance frameworks of both platforms. Chairman Bilal bin Saqib indicated that these clearances initiate Pakistan’s phased licensing process, emphasizing that the strength of compliance will play a crucial role in determining which exchanges will proceed. This move comes as Pakistan accelerates its digital finance overhaul, which has included the formation of the Pakistan Crypto Council and the establishment of the PVARA, alongside the drafting of a formal licensing regime. Related Reading: Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses As Bitcoinist reported at the time, Pakistan’s growing involvement in digital assets drew the attention of industry leaders such as Michael Saylor, co-founder of the Bitcoin proxy firm Strategy, who praised the country’s efforts and described it as a sign that the country understands how to handle this new market. Notably, Pakistan ranks as the world’s third-largest cryptocurrency market by retail activity, according to Saqib. The government is also planning a pilot program for a central bank digital currency (CBDC) and a comprehensive Virtual Assets Act. At the time of writing, the exchange’s native cryptocurrency, Binance Coin (BNB), is trading at $878, down 35% from all-time highs just above $1,369. Featured image from DALL-E, chart from TradingView.com
BNB’s price is showing signs of a rebound but remains trapped within a head and shoulders pattern. This setup could decide whether the token continues higher or faces another pullback in the coming sessions. Head and Shoulders Pattern Signals Possible Downside Move Crypto analyst Batman highlighted in a recent update on X that BNB is currently forming a Head and Shoulders (H&S) pattern on the lower timeframe chart. This classic top formation is a significant bearish signal, strongly indicating that the immediate upward momentum is failing and a structural reversal may be imminent as sellers gain control of the asset. Related Reading: Weak Wave, But Strong Intent: BNB Bulls Poised To Challenge The $1,300 Zone Supporting this bearish outlook, Batman identifies an unfilled Fair Value Gap (FVG) situated just below the current price action. In market mechanics, an FVG acts like a “price magnet,” representing an inefficiency that the market is highly likely to return to and fill. This powerful confluence of the H&S pattern and the unfilled FVG makes a deeper move lower in the very near future extremely probable. Crucially, Batman views this predicted move down not as a market failure, but rather as a necessary retracement that finalizes the setup for a high-value entry. If the market delivers this anticipated pullback, it will create a perfect confluence for a long position, turning the immediate bearish scenario into a strategic opportunity. This expected retracement is structurally significant because the target lines up perfectly with two critical support metrics: a key Fibonacci level and a major Order Block (OB) zone, which proves solid for initiating a long position. BNB Finds Relief After Prolonged Downtrend In a more recent post, BitGuru shared an insightful analysis of BNB’s ongoing market behavior, highlighting a significant shift in its price structure. According to Bitguru, the cryptocurrency has likely formed a major low around the $864 level after enduring a strong downtrend followed by an extended consolidation period. This region appears to have acted as a crucial accumulation zone where selling pressure weakened and buyers started to show renewed confidence. Related Reading: BNB Reclaims $1,100 As Binance Founder Receives Presidential Pardon – New Rally Coming? BitGuru observed that BNB is currently showing stability near the $950 level, suggesting that the market may be entering a phase of gradual recovery and that buyers are slowly regaining control. This stabilization is often an early signal that sentiment is turning bullish, especially as volume begins to build in favor of the buyers. Looking ahead, BitGuru believes that if the $950 support holds, there’s room for a potential rebound toward the $1,050–$1,100 range. A sustained move in this direction would likely confirm growing market strength and could even mark the beginning of a medium-term uptrend. Featured image from Adobe Stock, chart from Tradingview.com
BNB appears to be regaining strength after a brief pause, with bulls showing signs of renewed intent. Despite a weak Wave (5) formation, the broader uptrend remains intact, and momentum is quietly building. If the push continues, the next major test lies near the $1,300 zone — a level that could define BNB’s bullish chapter. Wave (5) Weakness Signals Possible Completion Of The Bounce Providing an update to a previous post on BNB, More Crypto Online highlighted that the recent bounce visible on the chart may now be nearing its completion phase. While price action initially appeared promising, momentum has started to weaken, raising questions about the sustainability of the upward move. Related Reading: BNB Reclaims $1,100 As Binance Founder Receives Presidential Pardon – New Rally Coming? According to the analyst, Wave (5) in the current structure looks relatively weak, which could indicate that buying pressure is fading. This development may point to the market preparing for a potential retracement or sideways movement before establishing a clearer direction. More Crypto Online emphasized the importance of staying flexible at this point, as market structure remains uncertain. Despite the recent bounce, there’s still no clear indication that the broader Wave 4 pullback has concluded. Until confirmation appears, the possibility of another downward move within the corrective phase cannot be ruled out. Despite the short-term uncertainty, the analyst maintained a positive long-term outlook, stating that the overall uptrend remains intact on the higher timeframe, as long as key structural supports hold firm. Breakout Builds Strength — Bulls Target The $1,230–$1,300 Zone According to a recent update by crypto analyst BitGuru, BNB’s price action is showing early signs of renewed strength, with buyers gradually stepping back into the market. The recent upward movement suggests growing confidence among traders after a period of consolidation. Related Reading: BNB Price Retreats After Rally — More Downside Risks On The Horizon In his post, BitGuru outlined that if this breakout gains traction, BNB could climb toward the $1,230–$1,300 range in the next bullish leg. Such a move would signal a continuation of the broader uptrend and potentially attract more momentum-driven participants. He further emphasized the importance of monitoring the current price action closely, noting that momentum is steadily building. As of the time of writing, BNB has recorded a 6% decline in the past 24 hours, currently trading around $1,027. This drop reflects a cooling phase after recent bullish attempts, as traders assess short-term market conditions. The token’s market capitalization now stands at approximately $141.34 billion, positioning it among the top-performing assets despite the temporary pullback. Meanwhile, the 24-hour trading volume of $2.85 billion indicates active participation across exchanges. Featured image from Adobe Stock, chart from Tradingview.com
Following speculation regarding a potential return, Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, has sparked discussions about the implications of his recent presidential pardon for the exchange’s operations in the United States. Will CZ Reclaim His CEO Position At Binance? Industry observers suggest that this major development for CZ and Binance as a whole could pave the way for Zhao to resume leadership roles and consolidate Binance’s US operations. According to Bloomberg, the company is exploring several options, including the possibility of integrating Binance.US into its global operations or having its global exchange enter the US market, as indicated by a source familiar with the matter. Related Reading: Binance Founder Suggests President Trump Could Be Satoshi Nakamoto In Latest Statement “This cycle is largely being driven by U.S. institutional investors and investment products, and that’s precisely where Binance can now shift its focus,” stated Markus Thielen, CEO of 10x Research. He added that the US affiliate will likely be reintegrated into Binance’s global ecosystem, providing US investors with direct access to the platform’s “deep liquidity and comprehensive derivatives offerings.” Attention is now focused on whether Zhao will attempt to reclaim the CEO role he previously stepped away from. In recent weeks, he updated his profile on social media platform X from “ex-Binance” to simply “@Binance,” a subtle change that has fueled speculation about his intentions. However, not everyone believes Zhao is eager to return as CEO. David Namdar, who manages a BNB treasury company backed by Zhao’s family office, commented, “I think he is operating with more of a weight off his shoulders not running the exchange. I’d be surprised if he stepped back into that role.” Industry Leaders Predict Increased Involvement Patrick Horsman, chief investment officer of digital asset treasury (DAT) firm Applied DNA Sciences, which invests in Binance Coin (BNB), emphasized that Binance’s technology, liquidity, and relatively low fees could position it as a dominant player in the American crypto market. However, Bloomberg highlights that the pardon may not only enhance Zhao’s personal prospects but also unlock new opportunities for Binance’s global expansion. Related Reading: Bitcoin Price Update: Key Drivers That May Keep The Bull Run Alive Until Q2 2026 Notably, the firm holds minority stakes in affiliates throughout Asia, including Thailand and Malaysia, where regulatory frameworks impose ownership suitability tests on major shareholders. “A criminal conviction can pose a barrier for any individual seeking a beneficial ownership stake in a regulated or listed company,” explained Chris Holland, a partner at HM, a consulting firm based in Singapore. Cosmo Jiang, general partner at Pantera, anticipates that Zhao will become “more involved with Binance’s operations” now that he has received a pardon. “Whenever a founder returns to a company, it’s always an invigorating moment; you typically see more growth and better execution,” he noted. Featured image from DALL-E, chart from TradingView.com
BNB has seen a 5.5% price jump following the White House announcement that Binance co-founder has been pardoned by US President Donald Trump, leading some analysts to suggest that a new leg up might be around the corner. Related Reading: Crypto Market Records ‘Particularly Robust’ Q3 Performance With 16% Active Trader Growth – Report US President Grants Pardon To Binance Founder On Thursday, the White House revealed that US President Donald Trump had pardoned Binance co-founder and former CEO Changpeng Zhao, also known as CZ, two years after pleading guilty. In an official statement, the White House’s press secretary, Karoline Leavitt, said that the US President “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” Leavitt stated that “In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims.” In 2023, Zhao pleaded guilty to Anti-Money Laundering (AML) violations while being the CEO of Binance. As part of his plea deal, he stepped down from his position in the crypto exchange and served a four-month prison sentence last year. Additionally, Binance reached a $4.3 billion settlement with the Department of Justice (DOJ). The White House press secretary affirmed that “these actions by the Biden Administration severely damaged the United States’ reputation as a global leader in technology and innovation,” declaring that “the Biden Administration’s war on crypto is over.” Notably, there have been rumors that President Trump could grant a pardon to Zhao after January’s pardon of Silk Road founder Ross Ulbricht. In March, the Wall Street Journal reported that Zhao allegedly had been “pushing” a Binance US deal for a pardon since 2024. However, he quickly denied these claims. In an X post, CZ thanked the Trump Administration, stating that he is “deeply grateful” for the long-awaited pardon and “to President Trump for upholding America’s commitment to fairness, innovation, and justice.” The Binance co-founder also pledged to “do everything we can to help make America the Capital of Crypto.” CZ Pardon Pushes BNB To $1,100 Following the news, BNB saw a 5.5% jump to reclaim the $1,100 mark. The cryptocurrency has recorded a massive rally over the past few months, reaching a new all-time high (ATH) of $1,375 nearly two weeks ago. Altcoin Sherpa highlighted the altcoin’s price action amid the recent market performance. However, he expressed doubt about whether BNB will “continue being the strongest major or not,” at least in the short term. He suggested that Solana (SOL) could have a better performance in the coming weeks, arguing that “both ETH and BNB had incredible runs previously and probably need more time to chill out.” Related Reading: Fetch.AI CEO Offers Reward To ‘Uncover’ Ocean Protocol’s Alleged $120M FET Dump Since last Friday’s correction, BNB has been trading within the $1,050-$1,125 range, failing to break out of the upper level for the past six days. Analyst Open4Profit noted that if the altcoin reclaims the range’s resistance, the price could rally toward its ATH levels and continue its price discovery uptrend toward the $1,500 target. Market watcher CW pointed out that BNB has two key sell walls ahead, one at the $1,180-$1,190 area and another between the $1,200-$1,220 mark, suggesting that the altcoin could face resistance around these levels if the price breaks out. As of this writing, BNB is trading at $1,116, a 10.5% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
BNB has been one of the strongest performers in recent weeks, standing out even as the broader crypto market struggles to find stability. During this market downturn, key metrics continue to validate BNB’s sustained momentum and network expansion. According to data shared by analyst CryptoOnchain, the BNB Smart Chain (BSC) reached a historic milestone on October 13th, recording 3.62 million daily active addresses — the highest in its history. Related Reading: Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened This surge in on-chain activity comes after months of steady price appreciation that began in June and accelerated rapidly after mid-September. The timing is notable: the spike in active addresses closely followed BNB’s price peak at $1,311 on October 8th, revealing a powerful correlation between network growth and market valuation. The data suggests that as BNB’s price rose, it sparked heightened user engagement across the BSC ecosystem — possibly driven by increased trading activity, DeFi interactions, and retail FOMO. With the network now showing record participation, analysts are watching to see if this momentum can hold through the current correction. Sustained activity above these levels could reinforce market confidence and establish stronger structural support for BNB’s long-term trend. BNB Network Data Shows Tight Correlation Between Price And On-Chain Activity According to CryptoOnchain, recent data shows that since September 2025, the relationship between BNB’s active addresses and its price has entered a new and more synchronized phase. Historically, these two indicators fluctuated independently — price rallies often occurred without a matching rise in network activity, and vice versa. However, over the past month, this pattern has shifted dramatically. The chart now shows the active addresses (green area) and the BNB price (yellow dashed line) moving almost in perfect tandem. Interestingly, the BNB price peaked a few days before network activity, suggesting that the rally likely triggered a surge of user participation — a classic case of FOMO driving engagement across the BNB Smart Chain. This behavioral pattern often signals growing retail involvement and can reinforce bullish sentiment in the short term. That said, recent data shows a modest cooldown. The BNB price has corrected to around $1,212, while daily active addresses have dropped slightly below 3 million. This pullback raises a key question: can the network sustain this elevated level of activity? Maintaining user engagement above the 3 million threshold could help establish a strong support zone for BNB’s price. Conversely, a significant drop in active addresses might indicate a local top and the beginning of a deeper correction. Related Reading: New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details BNB Price Tests Key Support After Sharp Correction BNB is undergoing a significant pullback after weeks of strong performance. As shown in the chart, the price has dropped roughly 8.4%, closing near $1,049, marking one of the steepest single-day declines since early August. The correction follows a parabolic rally that peaked at $1,311, with current price action suggesting that the market is entering a consolidation phase. Despite the short-term drop, BNB remains structurally bullish as long as it holds above its 50-day moving average (currently near $1,018). This dynamic support aligns closely with the prior breakout zone from September, making it a crucial area to monitor. A decisive loss of this level could open the door for a deeper retracement toward $900, where the 100-day moving average sits. Related Reading: Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over The rapid ascent over the past two months likely triggered profit-taking among traders, as momentum indicators hinted at overextension. However, the longer-term trend remains intact, supported by the 200-day moving average rising steadily near $768. If BNB stabilizes above $1,000 and recovers momentum, the bulls could attempt another push toward the $1,200–$1,250 range. For now, maintaining the $1,000 psychological level is key to sustaining market confidence. Featured image from ChatGPT, chart from TradingView.com
BNB price is consolidating losses below the $1,200 zone. The price is now facing hurdles near $1,250 and might start another decline in the near term. BNB price is correcting gains and traded below the $1,200 support zone. The price is now trading below $1,180 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $1,180 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $1,120 level to start another increase in the near term. BNB Price Dips Below Support After a steady increase, BNB price failed to clear the $1,375 zone. There was a downside correction below the $1,300 and $1,250 levels, like Ethereum and Bitcoin. The price even dipped below $1,200 and tested $1,125. A low was formed at $1,124, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1,375 swing high to the $1,124 low. The price is now trading below $1,180 and the 100-hourly simple moving average. Besides, there is a short-term bearish trend line forming with resistance at $1,180 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $1,180 level. The next resistance sits near the $1,200 level. A clear move above the $1,200 zone could send the price higher. In the stated case, BNB price could test $1,250 and the 50% Fib retracement level of the downward move from the $1,375 swing high to the $1,124 low. A close above the $1,250 resistance might set the pace for a larger move toward the $1,320 resistance. Any more gains might call for a test of the $1,350 level in the near term. Another Decline? If BNB fails to clear the $1,200 resistance, it could start another decline. Initial support on the downside is near the $1,125 level. The next major support is near the $1,100 level. The main support sits at $1,065. If there is a downside break below the $1,065 support, the price could drop toward the $1,000 support. Any more losses could initiate a larger decline toward the $950 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $1,120 and $1,100. Major Resistance Levels – $1,200 and $1,250.
BNB is back near $1,300 after a sharp rebound, but the asset may not be done yet as one analyst thinks a run all the way to $2,400 is possible. BNB Has Been Rising Since Parallel Channel Breakout Much like the rest of the cryptocurrency sector, BNB suffered a price crash on Friday, but while the rest of the market has been unable to make a full recovery, the altcoin has already retraced to the pre-crash level, and surpassed it. Related Reading: Bitcoin Direction Still Unclear: Analyst Says Watch These Key Charts Earlier on Monday, the coin even managed to set a new all-time high (ATH) above $1,370. Thus, it would appear that unlike Bitcoin, the coin’s ATH exploration period hasn’t cooled off yet. And it’s possible that BNB will only climb further in the near future, if the technical analysis (TA) pattern shared by analyst Ali Martinez in an X post is anything to go by. The pattern in question is a Parallel Channel, which forms whenever an asset’s price observes consolidation between two parallel trendlines. The upper level of the pattern acts as a resistance barrier, while the lower one provides support. Together, they keep the price locked inside the channel. When one of these levels fails to hold, the asset can witness a continuation of trend in that direction. A surge above the resistance line is naturally a bullish signal, while a fall under the support a bearish one. The 3-day price of BNB was stuck inside a Parallel Channel for a few years before it found a breakout earlier this year, as the chart shared by Martinez shows. Since the breakout, BNB has been exploring new highs, implying the bullish effect of the Parallel Channel resistance break may be in effect. From the graph, it’s apparent that the coin has so far climbed up half as much distance as the width of the channel. Generally, Parallel Channel breakouts are considered to be of the same length as the width of the channel. If the cryptocurrency is following this pattern, then it may be targeting the level a full height above the channel. “It looks like BNB wants to push toward $2,400!” notes the analyst. A surge to this target of $2,400 from the current level would imply an increase of almost 89% for the coin. It now remains to be seen whether the asset will follow this path suggested by the Parallel Channel. Related Reading: XRP Whales Are Selling: $50 Million Exiting Wallets Every Day In another X post, Martinez has pointed out that the 1-day price of Bitcoin has also been traveling inside a Parallel Channel for the last few months. As displayed in the chart, Bitcoin is trading near the midline of the Parallel Channel after its plunge. It will now be interesting to see whether it continues its decline to the $100,000 lower level or not. BNB Price At the time of writing, BNB is trading around $1,270, up 4% over the last week. Featured image from Dall-E, charts from TradingView.com
As BNB rallies to new highs, a major Chinese investment bank is reportedly in talks to raise $600 million for a new US-based Digital Asset Treasury (DAT) company, focused on investing in the altcoin. Related Reading: XRP Reclaims Market Momentum With $30 Billion In Fresh Inflows, A Rally Underway? Chinese Investment Plans $600 Million Fundraiser On Monday, Bloomberg reported that Beijing-based Chinese investment bank China Renaissance Holdings Ltd. is planning a fundraiser for a new BNB-based public vehicle backed by YZi Labs Management Ltd. According to the news media outlet, China Renaissance aims to raise $600 million to create a publicly listed DAT company dedicated to accumulating BNB in the United States. YZi Labs, formerly known as Binance Labs, reportedly plans to invest $200 million in the deal alongside the Hong Kong-listed bank. Sources familiar with the matter told Bloomberg that YZi Labs met with a group of executives bullish on BNB for dinner in early October. China Renaissance, alongside other firms reportedly involved in setting up BNB hoarding companies, sent a representative to the event. It’s worth noting that the two companies recently announced a strategic partnership to “advance the development of BNB and the BNB Chain ecosystem,” which has been gaining momentum over the past few months. In August, China Renaissance shared that it had signed a strategic cooperation agreement with YZi Labs, aiming to “shape institutional pathways for digital asset adoption — from compliant product development to enterprise-level RWA applications” and create “meaningful synergies between the two ecosystems.” The investment bank also revealed its plan to invest around $100 million in BNB as part of its proprietary holdings, becoming the first Hong Kong-listed company to allocate the cryptocurrency as a proprietary digital asset. BNB Treasury Company Trend The Chinese investment bank initiative follows the growing trend of launching crypto-based DAT companies. This trend has seen the launch of dozens of new Treasury Companies and the investment of billions of dollars into these vehicles in the past couple of months. Last week, the world’s largest BNB Treasury Company, CEA Industries, announced that its treasury holdings have reached a total of $663 million in cash and crypto assets. As part of its goal to own 1% of the altcoin’s total token supply by the end of 2025, the Nasdaq-listed company now holds a total of 480,000 BNB tokens, valued at $585.5 million by October 6. In late September, Kazakhstan announced the launch of the Alem Crypto Fund, its first crypto reserve fund, aimed at long-term investment in digital assets, with Binance Kazakhstan as a strategic partner. Related Reading: ‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt As part of the partnership, Alem Crypto Fund made BNB its first investment to highlight “the trust in the Binance ecosystem” and embark on “a new chapter for institutional recognition of cryptocurrencies in Kazakhstan.” Amid the surge in BNB-based funds, the altcoin has recorded a massive 36% rally in the last month, breaking past the $1,000 barrier and hitting multiple all-time highs (ATHs), reaching its most recent high of $1,370 on October 13. As of this writing, BNB is trading at $1,281, a 4% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
As BNB’s price records a massive 30% rally, the BNB Chain ecosystem also experiences a remarkable performance, fueled by Chinese-themed memecoins launched on the Four.meme launchpad. Related Reading: BNB Flips XRP’s Market Capitalization As Price Hits $1,300 Record High – What’s Next? BNB Chain Momentum Steals Memecoin Spotlight Amid BNB’s run to the $1,300 barrier, the BNB Chain ecosystem is experiencing a memecoin frenzy, with multiple BNB Chain-based tokens gaining significant traction over the past few days. Notably, the ongoing momentum has seen tokens like Palu (PALU), 币安人生 (BinanceLife), 4 (FOUR), PUP (PUP), and CZ’s Dog (BROCCOLI) record massive rallies. According to DeFiLlama data, the BNB Chain-based memecoin launchpad, Four.meme, has overtaken Pump.fun, Solana’s leading launchpad, in daily revenue. In the past 24 hours, Four.meme has gained around $1.4 million in revenue, surpassing Pump.fun’s $885,420. Meanwhile, CoinGecko data shows that the Four.meme ecosystem tokens have surged around 88% to an overall market capitalization of $1.044 billion and a daily trading volume of $963.4 million. Nonetheless, the Solana-based launchpad continues to lead in higher timeframes, with weekly and monthly revenues of $8.34 million and $40.9 million, respectively. Binance co-founder and former CEO Changpeng Zhao, also known as CZ, highlighted the recent memecoin frenzy in the BNB Chain. On Tuesday, CZ acknowledged the “BNB meme szn” on X, affirming, “I didn’t expect this at all.” On-chain analytics platform Bubblemaps declared that the “BNB memecoin szn is real,” noting that over 100,000 on-chain traders bought into the new memecoin frenzy, with 70% of them being in profit. As the platform detailed, 21,000 investors have made over $1,000, while 900 have earned over $100,000 with the leading tokens. Meanwhile, 40 traders have made over $1 million, and one has profited more than $10 million. Can BNB’s Memecoin Season Last? A crypto community member weighed in on how long the ongoing memecoin trend could last and whether it was worth participating in it. According to the X post, the investor considers that the BNB Chain tokens frenzy might continue, arguing that “this time is different.” Following the rapid surge of BinanceLife, which has reached a market cap of $372 million in less than a week, the investor listed multiple reasons why BNB Chain’s memecoin season could last for a while. They argued that “CZ and He Yi won’t let this wave fade easily,” suggesting that they will “likely keep pushing it forward.” The investor pointed out that the ecosystem is more mature and capital is more abundant. Previously launched memecoins “aimed” for a Binance listing, while the new project’s exit path is clearer. “First generate hype through reposts, then launch on Alpha, followed by listing on Aster spot and Binance spot—each step driving upward momentum in a relentless surge,” they explained. Lastly, the investor argued that the rules have changed, as this Memecoin bull run is spearheaded by the Chinese-speaking community, who “stand at the crest of the wave” this time. “Those who embrace change swiftly profit first; Those with biases neither gain nor lose,” they concluded. Featured Image from Unsplash.com, Chart from TradingView.com
The cryptocurrency landscape is witnessing a remarkable shift, with the BNB price emerging as a standout performer among the top ten cryptocurrencies by market capitalization. Over the past week, Binance Coin has surged by 30%, propelling its price to a new all-time high just shy of $1,350. This latest rally translates to a major 600% increase from its last bear market lows. Binance Coin Becomes Third-Largest Cryptocurrency The recent momentum has been particularly noteworthy, as the BNB price eyes to turn the $1,300 mark as its new support for further upside movements, retracing only 2% from its peak after its record-breaking rally on Tuesday. This minimal pullback signals a lack of sustained selling pressure and suggests that further upside potential remains on the horizon. If this trend continues, analysts are eyeing new price targets for BNB. Related Reading: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days The uptrend has also witnessed BNB surpass both XRP and Tether’s USDT, reclaiming its status as the third-largest cryptocurrency, trailing only behind Ethereum (ETH) and Bitcoin (BTC). This has been in part, attributed to CEA Industries Inc., which recently announced it has acquired over $600 million worth of BNB, holding 480,000 tokens at an average cost of $860 each. CEA’s ambition to become a major player in the BNB ecosystem, is also highlighted on its roadmap with plans to own 1% of the total Binance Coin supply by the end of the year. David Namdar, CEO of CEA Industries, commented on the recent surge, stating, “BNB’s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem.” The company’s CEO further emphasized that Binance Coin should be viewed not merely as a token, but as a central component of a “highly integrated network.” BNB Price Eyes Fibonacci Targets Of $1,486 And $1,983 Market expert Lark Davis has also added to the growing bullish sentiment surrounding the cryptocurrency’s rally on social media site X (formerly Twitter), noting that BNB is now firmly in price discovery mode, which could lead to further significant gains as the anticipated demand continues to grow. Related Reading: XRP Price Under Pressure: These Key Levels Hold The Fate Of A New Record Or A Drop Below $2 According to the expert’s analysis, the next major Fibonacci targets for the BNB price are set at $1,486 for the 2.618 level and $1,983 for the 3.618 level, indicating a strong possibility for continued upward momentum. This implies that if this scenario plays out, the coming days of months could see additional increases for the BNB price of 14% and a major 52% in the case of breaching $1,900. Featured image from DALL-E, chart from TradingView.com
As the crypto market rallies, BNB continues to hit new record levels, surpassing some of the largest cryptocurrencies by market capitalization and leading some analysts to suggest that its end-of-year run has just started. Related Reading: Ethereum 23% Rally Pushes BitMine’s ETH Treasury Holdings To $13.4 Billion BNB Sees 30% Weekly Run After a massive Q3 rally, BNB has started the last quarter of the year with a remarkable 30% rally. Over the past week, the cryptocurrency has recorded four new all-time highs (ATHs), climbing the list of top cryptocurrencies by market capitalization. The altcoin recovered from the late September pullback a week ago, reclaiming the $1,000 barrier. At the time, Analyst Ali Martinez suggested that turning this level into support would set the stage for a 30% rally toward the $1,300 target as part of its bullish breakout from its macro range. Notably, BNB had been trading within the $200-$700 price range since 2021, finally breaking out of this zone during the Q3 rally. On Tuesday, the altcoin jumped 7% and hit a new record high of $1,330, reaching a market capitalization of $182 billion. According to CoinGecko data, BNB surpassed Tether (USDT) and XRP, becoming the third-largest cryptocurrency by this metric, only behind Bitcoin (BTC) and Ethereum (ETH). Following this performance, some market watchers have raised BNB’s price target to higher levels, suggesting that its end-of-year bull run may just be starting. Analyst NekoZ recently affirmed that the cryptocurrency was “executing a master class in trend continuation,” highlighting its performance over the past three months. According to the chart, the altcoin has had two key breakouts since July, each followed by price expansion to new highs. Now, BNB appears to be repeating the same setup, which targets the $1,500 barrier next. Similarly, Crypto Patel considers that if momentum continues throughout the Q4 run, the cryptocurrency could be heading for another 53% rally toward his second cycle target of $2,000. “You can doubt targets, but not momentum,” he wrote on X. Rally Pushes Corporate Holdings To New Highs Amid its bullish rally, Nasdaq-listed CEA Industries, the world’s largest BNB Treasury Company, announced that its total Digital Asset Treasury (DAT) strategy holdings have reached a total of $663 million in assets. The company shared that it now holds a total of 480,000 BNB tokens as part of its goal to own 1% of the altcoin’s total token supply by the end of 2025. According to the Tuesday statement, the company’s total investment amounts to approximately $412.8 million, with an average acquisition cost of $860 per token, and an estimated BNB value of $585.5 million by October 6. David Namdar, CEO of CEA Industries, commented on the milestone, stating: “BNB’s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem.” It’s worth noting that the ecosystem has also seen a strong performance throughout the past few months, with multiple projects built on the network leading in terms of profitability. On Monday, BNB Chain revealed it had adopted Chainlink’s data standard to bring official US Department of Commerce (DOC) data directly to its blockchain. Related Reading: BNB Price Hits $1,240 Record High: Partners With Chainlink For On-Chain US Economic Data Last month, decentralized oracle provider Chainlink announced its collaboration with the US DOC to deliver crucial macroeconomic data from the Bureau of Economic Analysis (BEA) to ten blockchain ecosystems Moreover, Kazakhstan recently announced the launch of its first crypto reserve, the Alem Crypto Fund, with Binance Kazakhstan as the strategic partner, aimed at long-term investment in digital assets. As part of the partnership, Alem Crypto Fund made BNB its first investment. Featured Image from Unsplash.com, Chart from TradingView.com
The BNB price continues to defy broader market trends, reaching an impressive new peak of $1,240 to kick off the week and solidifying its status as one of the top performers in the cryptocurrency industry. BNB Chain Partners With Chainlink Over the past 30 days, the BNB price has recorded an impressive 41% gain, driven in part by a recent collaboration between BNB Chain and Chainlink (LINK), dubbed as one of the market’s leading oracle providers. This partnership was publicly announced on Monday on social media platform X (formerly Twitter), where Chainlink revealed that BNB Chain had adopted its data standard to make official US Department of Commerce data available on-chain. Related Reading: XRP Ready For $9 Blast — ‘Break $3.10 And It’s Game Over,’ Says Analyst The data sourced from the Bureau of Economic Analysis will enable Chainlink Price Feeds to deliver critical macroeconomic indicators directly to BNB Chain. These indicators include key metrics like Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers. Chainlink asserts that the availability of such data opens up a series of new possibilities for developers, allowing for the creation of new types of digital assets, prediction markets that leverage transparent economic inputs, and perpetual futures markets grounded in official government statistics. Furthermore, decentralized finance (DeFi) protocols can improve their risk management strategies by aligning them with real-world economic conditions. BNB Price Target Raised To $1,500 Market expert Crypto King has been vocal about the BNB price trajectory, asserting that the token is demonstrating a clear trend of upward momentum. He identified three significant breakout phases: one in July that sparked a strong rally, a second in September, and the current breakout, which he believes is building toward new highs. Crypto King has set an ambitious target of $1,500 for Binance Coin, suggesting that this structural climb is anything but random. Related Reading: Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High However, not all market analysts share the same optimism. Another expert, known as Crypto Claws on X, has issued a cautionary note, warning that if the current momentum fizzles, a correction toward the $700 range by December could be on the horizon. This scenario would imply a potential 43% decline for the BNB price, raising concerns about the token’s technical structure and the likelihood of a necessary pullback before the next significant bullish leg. In addition to the BNB price performance, other cryptocurrencies are also following the token’s lead. Bitcoin (BTC) has surged past the $125,000 mark, achieving a new record, while Ethereum (ETH) is just 5% shy of breaking its previous high. Meanwhile, Chainlink’s native token, LINK, remains well below its all-time high of $52.70, currently trading just under $23—a gap of nearly 57% that suggests room for growth. Featured image from DALL-E, chart from TradingView.com
BNB continues to dominate market headlines after surging to a new all-time high of $1,223 just a few hours ago. The price has shown remarkable resilience, holding firm above the key $1,200 level, as bullish momentum accelerates across the broader crypto market. The breakout underscores the growing strength of BNB, which has now become one of the clear leaders of this cycle’s rally. Related Reading: Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market Analysts note that BNB’s upward trajectory reflects a powerful combination of technical and market-driven factors. The coin’s consistent growth, fueled by strong demand within the Binance ecosystem and increasing on-chain activity, has positioned it as one of the standout performers in 2025. As the broader market trends upward, BNB’s performance is not only driving sentiment but also signaling renewed confidence in large-cap altcoins. Some analysts now expect the token to push even higher in the coming weeks, with projections pointing toward potential targets around $1,300–$1,400 if momentum continues. The market’s strength, coupled with BNB’s leadership role, suggests that the current rally could extend further — and that BNB may once again set the tone for altcoin performance as investors chase new highs. BNB Chain Activity Hits Record Addresses According to Token Terminal, BNB Chain’s monthly active addresses have reached a new all-time high of 60 million, marking a major milestone for the network and adding strong on-chain support to BNB’s recent price surge. This record growth reflects expanding user activity across decentralized applications, DeFi protocols, and gaming platforms built on the BNB ecosystem. It also highlights the network’s growing adoption, even amid a highly competitive layer-1 landscape dominated by Ethereum and other emerging chains. The timing of this spike in activity is particularly significant. As BNB’s price climbed to a new all-time high at $1,223, the surge in active users underscores that the rally is being driven not only by speculation but also by genuine network engagement. Analysts point out that such increases in activity often precede further bullish momentum, as more users and developers participate in on-chain transactions, staking, and trading. The coming days promise to be very exciting for investors. With Bitcoin consolidating near record levels and Ethereum reclaiming key price zones, BNB and ETH are now leading the charge into what could become a new bullish phase for altcoins. If market momentum continues, this combination of strong fundamentals and technical breakouts could drive altcoin valuations to levels not seen in years. Related Reading: BNB Reaches $1,111 All-Time High: Altseason Signal? Price Analysis: Bulls Maintain Momentum Above $1,200 BNB continues its strong uptrend, consolidating above $1,200 after briefly touching a new all-time high at $1,223 earlier today. The 4-hour chart shows a clear bullish structure, with price action consistently making higher highs and higher lows since late September. BNB remains well-supported by the 20-day moving average (blue line), which has acted as dynamic support throughout this rally. The recent breakout above the $1,175–$1,180 zone confirmed a key resistance flip, allowing bulls to extend the move toward uncharted territory. If BNB manages to close multiple candles above $1,200, the next potential target could be the $1,250–$1,300 range, which would mark the continuation of its parabolic move. Momentum indicators suggest strong buying pressure, though traders should remain cautious of short-term pullbacks. A temporary correction toward $1,150 or even $1,100 could occur if buyers take profits after the rapid appreciation. Related Reading: Bitcoin Dynamics Show Healthy Market Structure: Analyst Sets $130K Target Still, as long as BNB holds above its 50-day moving average (green line), the broader market structure remains decisively bullish. With volume supporting the move and fundamentals aligning with on-chain growth, BNB could continue to outperform major altcoins in the near term — solidifying its position as the market leader in this new bullish phase. Featured image from ChatGPT, chart from TradingView.com
BNB has cleared the $1,050 mark with a strong cup-and-handle breakout, putting bulls firmly in the driver’s seat. The next big question: can momentum carry the token toward the $1,100 target? BNB Breaks $1,050, Extending September Momentum Crypto analyst Cipher X, in a recent update, emphasized that BNB has officially broken through the $1,050 mark, locking in yet another key milestone following its impressive September rally. The surge has not only reaffirmed the strong bullish momentum behind the asset but also positioned it as one of the standout performers in the market. Related Reading: BNB Eyes New Highs As Price Reclaims $1,000 – Is A 30% Rally Coming? Looking ahead, Cipher X pointed out that the next major focus lies on the $1,100 resistance zone. A decisive breakout above this point could pave the way for even greater upside into Q4, strengthening the narrative of BNB entering a new leg of its rally. With market sentiment leaning positive, the price action over the coming days will be crucial in confirming whether the momentum can move forward without major setbacks. On the flip side, support remains well-established around $1,000 and $900, levels that provide a strong safety cushion for bulls should the market experience a pullback. These zones have historically held firm and could act as reliable springboards for fresh upward moves. For now, the balance of power is clearly with the buyers, and unless unexpected volatility disrupts the trend, BNB seems poised to continue pressing higher into the new quarter. Cup and Handle Formation Signals Strength Earlier, market analyst Kamran Asghar highlighted a notable setup forming on the BNB 4-hour chart in a post on X. He observed that BNB was developing a classic Cup and Handle formation, a technical pattern often associated with bullish continuation and breakout potential. Such a setup, when confirmed, tends to signal that the market has been consolidating before building enough momentum to push higher. Related Reading: BNB Price Holds Its Uptrend – Key Levels That Could Trigger More Gains Asghar stressed that the key level to watch is the $1,030 neckline resistance, which acts as the ceiling for the token’s upward momentum. A clean breakout and strong close above this resistance would validate the pattern and likely invite additional buying pressure. Should the breakout succeed, Asghar projected that BNB could quickly extend toward the $1,100+ region, opening doors for even larger gains if bullish sentiment sustains. However, until that confirmation arrives, he advised caution, noting that any failure to overcome the neckline might trigger short-term pullbacks as the asset consolidates further. This makes the coming sessions crucial in determining the altcoin’s next directional move. Featured image from Adobe Stock, chart from Tradingview.com
BNB has once again captured market attention after reaching a fresh all-time high around $1,111 just a few hours ago. The milestone marks another historic moment for the token, which only recently crossed the $1,000 threshold for the first time in late September. Its rapid ascent has fueled intense speculation about how far BNB’s bullish momentum can carry it as the broader market gains strength. Related Reading: Bitcoin Dynamics Show Healthy Market Structure: Analyst Sets $130K Target This surge has also reignited debates about BNB’s position in the crypto hierarchy. With Ethereum still holding its dominance as the second-largest cryptocurrency by market capitalization, some analysts are beginning to ask whether BNB could eventually challenge ETH’s place. While Ethereum boasts unmatched network effects, smart contract activity, and institutional adoption, BNB’s consistent performance and utility within the Binance ecosystem provide a strong foundation for its growth narrative. The move above $1,100 cements BNB’s reputation as one of the strongest performers in the current cycle. For investors, the question now is whether this breakout signals a new sustained trend or a moment of overheating that could trigger a correction. Either way, BNB’s rally has placed it firmly in the spotlight as one of the most closely watched assets in the market today. BNB Leads the Charge as Market Eyes Altseason The crypto market is heating up once again as major players begin to wake up, setting fresh structural highs across the board. Bitcoin is currently testing its critical resistance just below the all-time high, a level that has historically acted as the springboard for explosive rallies when finally broken. Meanwhile, Ethereum is establishing leadership among altcoins, with its recent strength signaling a shift in momentum that could spill over into the broader market. Within this backdrop, BNB has emerged as one of the standout performers. This breakout above ATH has sparked conversations among analysts who see BNB’s surge as more than just an isolated move. For many, it represents a potential leading indicator that altseason may be approaching. Historically, strong breakouts in large-cap altcoins have often preceded broader market rotations, as capital flows down from Bitcoin and Ethereum into other assets. BNB’s decisive performance has fueled speculation that the same dynamic could be unfolding now. Its utility within the Binance ecosystem, combined with strong liquidity and institutional recognition, makes it a natural bellwether for the altcoin sector. As BTC hovers near record highs and ETH sets the tone, BNB’s surge to fresh highs could be signaling that the next phase of the cycle is beginning. If momentum holds and capital rotates into other large caps, the conditions for a full-fledged altseason may be falling into place. For now, traders are closely watching BNB’s trajectory as it takes center stage in shaping market sentiment. Related Reading: Tokenized US Stocks & ETFs Coming To Telegram Wallet Via Kraken & BackedFi BNB Hits ATH After Parabolic Surge BNB is trading around $1,105 on the 4-hour chart after a strong and extended rally that has propelled the coin to fresh all-time highs. The price action over the past week has been almost parabolic, with BNB climbing steadily from under $980 to above $1,100 in just a few sessions. This surge underscores the intensity of current buying pressure as bulls remain firmly in control. The chart shows clear support from the 50-period (blue) and 100-period (green) moving averages, both trending upward and reinforcing the bullish structure. Each minor dip over the past weeks has been quickly absorbed, suggesting that demand remains strong. The 200-period moving average (red) continues to rise beneath price, providing a long-term foundation and highlighting BNB’s strong uptrend. Related Reading: Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details At this stage, the immediate resistance sits near $1,120, with traders eyeing the possibility of extending the rally further. However, the speed of the move raises caution, as steep parabolic advances often invite short-term pullbacks or consolidation phases. A healthy retest of the $1,080–$1,090 range could serve as confirmation of new support before another leg higher. Featured image from ChatGPT, chart from TradingView.com
As the market stabilizes from last week’s correction, BNB is attempting to hold a crucial area that could set the stage for a rally, leading some analysts to suggest that the next leg up could be around the corner. Related Reading: Ethereum Ready For Round 2? Analyst Forecasts Early October Rally Amid $4,200 Retest Kazakhstan Adoption Pushes BNB To $1,000 Nearly two weeks after breaking above the $1,000 milestone for the first time, BNB is attempting to hold this key area as support following the recent market pullback. The cryptocurrency has recorded a massive multi-month rally this quarter, surging 54% since the July opening. Over the past month, the cryptocurrency has climbed 16% from the start-of-September lows, turning the crucial $800-$900 zone into support before surging toward its latest all-time high (ATH) of $1,083 nine days ago. Nonetheless, the altcoin’s massive run was halted during the end-of-month pullback, which saw most cryptocurrencies, including Ethereum (ETH) and Solana (SOL), hit multi-week lows. BNB dropped over 10% from last week’s high, losing the critical $1,000 breakout level on Friday. During the pullback, the altcoin retested the $930 level as support, bouncing off this level over the weekend and reclaiming the crucial barrier yesterday morning. The recent price surge was driven by Kazakhstan’s announcement of its investment in the altcoin. On Monday, Kazakhstan announced the launch of its first crypto reserve, the Alem Crypto Fund, aimed at long-term investment in digital assets. According to the statement, Binance Kazakhstan is the strategic partner of the fund, which was established by the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan. As part of the partnership, Alem Crypto Fund made BNB its first investment. Nurkhat Kushimov, General Manager of Binance Kazakhstan, stated that “The fund’s choice of BNB as its first digital asset highlights the trust in the Binance ecosystem and marks a new chapter for institutional recognition of cryptocurrencies in Kazakhstan.” Price Discovery Continuation In Q4? It’s worth noting that the BNB Chain ecosystem also saw a strong performance, with multiple projects built on the network leading in terms of profitability. As reported by NewsBTC, BNB Chain projects led Binance Wallet’s top ten Initial DEX Offerings (IDOs) list with up to 2,000x historical returns, while BSC projects led the top five Alpha trading volume rankings. Market watcher Daan Crypto Trades suggested that neither BNB nor BSC-related tokens’ rally is over yet, as the “market is eager for a narrative or chain to gamble on.” Analyst Ali Martinez affirmed that the token “still has many legs up,” suggesting that successfully holding this level could target new highs. The analyst previously stated that BNB’s price targets the $1,200-$1,300 area as part of its bullish breakout from its macro range. Turning the current area into support in the higher timeframes could set the stage for a price discovery continuation with a 20%-30% run in the coming months. On the contrary, a rejection from this level could see the price retest the $900-$930 area again. Related Reading: The Bitcoin Long: Bybit Traders Push BTC Taker Buy/Sell Ratio Above 24 Similarly, Altcoin Sherpa asserted that the cryptocurrency “has been the strongest major to recover so far from the dump,” adding that another rally later in the year is possible. As of this writing, BNB is trading at $1,002, a 1.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Former Binance CEO Changpeng Zhao, commonly known as CZ, has found himself at the epicenter of a new controversy following a recent report by the Financial Times regarding his Web3 and artificial intelligence (AI) venture, YZi Labs. CZ Denies Financial Times Report The report suggested that Zhao was planning to open a substantial $10 billion portfolio to outside investors, a claim that has sparked a vigorous denial from the former executive of the world’s largest cryptocurrency exchange. Related Reading: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump? According to the Financial Times, Ella Zhang, head of YZi Labs, acknowledged strong interest from potential investors, even mentioning that US Securities and Exchange Commission (SEC) Chair Paul Atkins had requested a private demonstration of the fund’s capabilities. The Financial Times report indicated that approximately 70% of YZi Labs’ portfolio consists of digital assets, with more than 50 token proposals reviewed over the summer. However, the former Binance executive took to social media platform X (formerly Twitter) to vehemently dispute the Financial Times’ claims, labeling the report as “complete false news” filled with what he described as “fake, wrong, and made-up information.” Zhao made several specific assertions in his posts. He stated that YZi Labs is not currently raising an external fund, nor is there any planned demonstration for investors. CZ expressed confusion over the concept of a “demo” for a fund and clarified that there has never been a pitch deck for YZi Labs, nor has the organization pursued any external investment discussions since its rebranding. YZi Labs Not Linked To Binance In his response, CZ further stated that YZi Labs operates independently from cryptocurrency exchange Binance and refuted claims that it was “spun out” of the exchange after his legal troubles with US authorities in November 2023. Addressing regulatory concerns, Zhao pointed out that he has only been cited for a single violation related to the Bank Secrecy Act, which he clarified involved a failure to maintain an adequate anti-money laundering program. He sated: I plead to a single violation of BSA, failure to maintain an adequate ANTI-money laundering program. Contrary to what FT characterized as “money laundering” violations. Related Reading: Why Aren’t Institutions Adopting XRP ‘Massively’? Pundit Answers The former Binance CEO stressed that his legal situation should not be conflated with accusations of money laundering, a distinction he feels is often misrepresented in traditional media. Zhao also noted that the Financial Times had previously attempted to arrange a lunch interview with him, promising positive coverage. After canceling the meeting, he expressed his regret about the situation, suggesting that the resulting article was not the narrative he had hoped for. At the time of writing, Binance’s native token, Binance Coin (BNB), trades above the $1,000 milestone, recording gains of 15% during this month’s uptrend. Featured image from BBC, chart from TradingView.com
Senator Elizabeth Warren is intensifying her scrutiny of Binance, the world’s largest cryptocurrency exchange, by demanding clarifications from the US Department of Justice (DOJ) regarding the crypto company’s compliance with a 2023 settlement agreement. This comes in the wake of concerns about the exchange’s alleged ties to President Donald Trump’s administration and the potential easing of regulatory oversight. Warren Pressures DOJ On Binance Compliance Following years of legal challenges, which culminated in the resignation and brief imprisonment of former CEO Changpeng Zhao (CZ) over allegations of money laundering in the US, Binance appeared to have navigated a path toward a more favorable regulatory environment during Trump’s presidency. However, in a recent letter to Attorney General Pam Bondi, Warren, along with two fellow Democratic senators, pressed for confirmation that Binance is adhering to the ongoing requirements stipulated in its plea agreement related to charges, including money laundering and violations of US sanctions laws. Related Reading: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow The senators expressed their concerns over reports of meetings between Binance executives and Treasury Department officials, seeking clarity on the administration’s role in ensuring the exchange’s compliance with the settlement. Warren’s letter highlighted several specific inquiries. She requested information about the Department’s efforts to guarantee Binance’s compliance with its plea agreement, the status of the company’s anticipated exit from the US market, and any discussions regarding a potential pardon for Zhao. This follows the former CEO’s official request for a presidential pardon earlier this year, after rumors from The Wall Street Journal and Bloomberg suggested that CZ and Trump would be collaborating. The senators also sought details about conversations relating to World Liberty Financial (WLFI), a decentralised finance (DeFi) venture run by the president’s sons, and its plans to list a new stablecoin called USD1 on the Binance platform. Lawmakers Demand Clarity In a response from the Department of Justice on September 12, officials summarized Binance’s plea agreement and confirmed that the exchange had paid all penalties due. However, the senators asserted that the response failed to address their key questions, particularly regarding Binance’s compliance with ongoing requirements. The letter concluded as follows: These reports make it more important than ever that the public understand the Trump Administration’s interactions with, and relationship to, Binance and its employees. We therefore once again request meaningful answers to the questions above by no later than October 1, 2025. Related Reading: Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation As NewsBTC reported earlier this week, the exchange is currently in discussions with federal prosecutors to potentially eliminate the oversight condition from its $4.3 billion settlement, specifically the requirement for an external compliance monitor. This development raises alarms for Democrats, especially given that the Department of Justice has begun to scale back the number of compliance monitors established during the Biden administration. Featured image from DALL-E, chart from TradingView.com
BNB Chain (BNB) has reached a historic milestone after its native token, BNB, broke past the $1,000 mark for the first time. The achievement comes on the heels of the Federal Reserve’s decision to cut interest rates by 25bps, a move widely seen as supportive for risk assets. The broader crypto market quickly responded, entering what many analysts describe as a new, more constructive phase with optimism for the weeks ahead. Related Reading: Bitcoin Advanced Sentiment Signals Bullish Edge As Traders Eye Fed Pivot The milestone carries symbolic weight, marking BNB’s transformation from a utility token to one of the most valuable assets in the digital economy. The surge reinforces Binance’s dominance as the largest exchange by trading volume, while highlighting the platform’s growing ecosystem, which continues to expand across DeFi, payments, and blockchain infrastructure. Co-founder Changpeng Zhao (CZ) reflected on the moment in a post on X, writing: “Watching BNB go from $0.10 ICO price 8 years ago to today’s $1000 is something words cannot explain. I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the BNB and crypto ecosystem, for your support.” BNB Chain (BNB) Enters Uncharted Territory With Momentum BNB chain’s native token has surged more than 65% since June, cementing its position as one of the strongest performers in the current bull cycle. What makes this rally particularly notable is its relative strength against the broader market, a trend that began in late 2023 and has only accelerated in recent months. While many altcoins experienced prolonged corrections and uneven recoveries, BNB has consistently defended key levels, building a resilient foundation for its breakout past the $1,000 milestone. With a market capitalization of around $140 billion, BNB has secured its spot as the 5th largest cryptocurrency in the world, surpassing long-time competitors and reaffirming its status as a cornerstone of the digital asset ecosystem. This remarkable achievement highlights the token’s dual role: as both a utility asset within Binance’s vast ecosystem and as a store of value increasingly favored by institutional and retail investors. The coming weeks are expected to be decisive as BNB enters uncharted price territory. Optimism surrounding the market is high, with analysts pointing to the favorable macroeconomic backdrop—most recently reinforced by the Federal Reserve’s 25bps rate cut—as a catalyst for further growth. However, entering new highs also brings challenges, as volatility often spikes in discovery zones. Related Reading: Solana Sees Institutional Accumulation: 413,075 SOL Moved Off Exchanges In Hours BNB Price Action Details – Weekly Structure BNB has officially reached the historic $1,000 milestone, marking a powerful continuation of its multi-month uptrend. The weekly chart shows a clean breakout from prior resistance zones, with momentum accelerating over the past several weeks. This surge highlights strong demand and institutional accumulation, especially following the Fed’s 25bps rate cut, which has acted as a catalyst for renewed optimism across the market. The chart reveals a well-structured rally with BNB consistently respecting its 50-week moving average, which now acts as a reliable dynamic support around $680. Both the 100-week ($572) and 200-week ($443) moving averages are trending higher, underscoring the token’s long-term strength and confirming a bullish market structure. Importantly, the recent breakout places BNB in uncharted territory, leaving price discovery as the next phase. Related Reading: Whale Unstakes 2M HYPE After 9 Months – $89.8M Profit On The Line While momentum remains clearly bullish, traders should be mindful that vertical rallies often invite profit-taking and volatility. A healthy consolidation above $950–$1,000 would strengthen the breakout and provide a new base for continuation. Conversely, if selling pressure intensifies, support levels around $850 and $780 could be retested. Featured image from Dall-E, chart from TradingView
BNB price is gaining pace above the $980 zone. The price is now showing positive signs and might aim for a move above the $1,000 handle in the near term. BNB price started a fresh increase above the $950 and $975 levels. The price is now trading above $980 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $960 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $960 level to start another increase in the near term. BNB Price Hits New ATH BNB price formed a base above the $900 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $940 and $950 levels. The bulls even cleared the $980 resistance zone. A new all-time high was formed at $995 and the price is now consolidating gains. There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $948 swing low to the $995 high. The price is now trading above $980 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $960 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $995 level. The next resistance sits near the $1,000 level. A clear move above the $1,000 zone could send the price higher. In the stated case, BNB price could test $1,050. A close above the $1,050 resistance might set the pace for a larger move toward the $1,120 resistance. Any more gains might call for a test of the $1,150 zone in the near term. Downside Correction? If BNB fails to clear the $995 resistance, it could start another decline. Initial support on the downside is near the $980 level. The next major support is near the $970 level or the 50% Fib retracement level of the upward move from the $948 swing low to the $995 high. The main support sits at $960. If there is a downside break below the $960 support, the price could drop toward the $940 support. Any more losses could initiate a larger decline toward the $920 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $970 and $960. Major Resistance Levels – $995 and $1,000.
Binance Coin (BNB), the native token of the world’s largest crypto exchange by trading volume, Binance, surged to a new all-time high on Tuesday, driven by speculation surrounding a potential agreement between Binance and the US Department of Justice (DOJ). This development comes in the wake of ongoing discussions regarding compliance monitoring requirements tied to Binance’s significant $4.3 billion settlement related to allegations of insufficient measures to prevent money laundering. Binance Negotiates With DOJ According to a report by Bloomberg, the crypto exchange is negotiating with federal prosecutors over the possibility of eliminating a key oversight condition that mandates the retention of an external compliance monitor. Related Reading: Analyst Raises Red Flags On Bitcoin Price: Allegations Of Market Manipulation Sources familiar with the confidential discussions indicated that a successful negotiation could lead to a notable shift in the Department of Justice’s approach to independent oversight, particularly as the agency has already started to reduce the number of monitors initially appointed during the Biden administration. Under President Donald Trump’s administration, the US Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), have been among the regulators shifting their stance towards digital assets. For instance, the SEC has opted to drop enforcement cases against Coinbase, Uniswap, Robinhood, and Binance. This comes after a harsh crackdown on the industry over the past couple of years, which resulted in the resignation of the exchange’s former CEO, Changpeng Zhao (CZ). BNB Outperforms Market The potential deal between Binance and the US Department of Justice has generated considerable demand for BNB tokens, contributing to the altcoin’s price rally which surpasses growth of 12% on the monthly time frame. Related Reading: Crucial Ten Days Ahead For Crypto: Will They Ignite Mega Altcoin Season? In contrast, the broader digital asset prices have seen continued consolidation with Bitcoin (BTC) as the perfect example, consolidation for the past two weeks below all-time high levels of $124,000 reached last August. Following the news, BNB reached a high of $956. It is currently trading at $954 and still positioned to capitalize on the growing momentum for the exchange’s native token. Featured image from DALL-E, chart from TradingView.com
As the BNB’s price continues to soar, BNB Chain projects are leading Binance Wallet’s top ten Initial DEX Offerings (IDOs) list with up to 2,000x historical returns. Related Reading: Helius Joins Solana Treasury Trend With $500 Million Funding For New DAT Strategy BNB Chain Projects Top Binance Wallet The BNB Chain ecosystem has seen a strong performance recently, with the Binance Wallet leading among IDO launchpads in terms of profitability, driven by the massive returns of various projects built on the network. According to CryptoRank data, the Binance Wallet has a current Return of Investment (ROI) of 4,495% and an all-time high (ATH) return of 7,976%, surpassing most IDO launchpads in multiple timeframes. Additionally, seven of the top ten tokens with the ATH IDO returns on the Binance Wallet are BNB Chain projects, with historical returns ranging from 20x to 2,000x. Decentralized derivatives exchange MYX Finance has seen a 2,102x ATH IDO return, leading the BNB Chain projects on the Binance Wallet. CoinGecko data shows that the token currently has a market capitalization of $2.07 billion, ranking 72nd among all cryptocurrencies by this metric. OKZOO, a decentralized AIoT (Artificial Intelligence of Things) network, comes second with a 413x return, followed by Alaya AI’s 40x, Myshell’s 36.8x, RICE AI’s 34.5x, Elderglade’s 24.5x, and Lorenzo’s 22x. Meanwhile, multiple BNB Chain projects among the top 20 tokens by IDO return in the Binance Wallet have achieved returns of over 15x, including Meet48, MilkyWay, Allo, Particle, and Bubblemaps. Dune data also shows that nearly two-thirds of Binance Alpha’s over 300 launched projects are BNB Chain tokens. Notably, the top five Alpha trading volume rankings are BSC projects, while eight of the top ten are from the BSC ecosystem. BNB’s Price Ready For $1,000? While the ecosystem surges, BNB, the network’s native token, continues its massive rally. The cryptocurrency is trading just 1.5% below its recent ATH and nearing the next crucial milestone, the $1,000 barrier. After hitting its previous ATH in August, the token traded within the $840-$900 area, but retested the lows during the start-of-September retrace. Its price broke out of the three-week range on Friday, turning the upper boundary into support over the weekend. On Sunday, BNB’s price surged to its $943 ATH before retracing to the $920-$935 local area. Market watcher CW noted that the cryptocurrency had formed a buying wall around $910, which served as support during the Monday retracement. Yesterday, the cryptocurrency was rejected from the local high and fell out of its two-day range, retesting the $910 level before bouncing. BNB reclaimed the $920 support and broke out of the $935 resistance level again on Tuesday morning, currently attempting to turn it into support. Related Reading: Bitcoin Risk Index Signals Stability: All Eyes On Fed Decision A successful breakout from this level would set the stage for a price discovery rally continuation, which targets the $1,300 mark, according to analyst Ali Martinez. On the contrary, a new rejection of this level could see the price retest the range lows again, and risk a drop to the $900 breakout level. As of this writing, BNB is trading at $936, a 7% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
BNB price is gaining pace above the $920 zone. The price is now showing positive signs and might aim for a move above the $950 level in the near term. BNB price started a fresh increase above the $900 and $920 levels. The price is now trading above $920 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $925 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $910 level to start another increase in the near term. BNB Price Eyes More Gains BNB price formed a base above the $880 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $892 and $920 levels. The bulls even cleared the $935 resistance zone. A new all-time high was formed at $950 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $871 swing low to the $950 high. The price is now trading above $920 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $925 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $935 level. The next resistance sits near the $942 level. A clear move above the $942 zone could send the price higher. In the stated case, BNB price could test $950. A close above the $950 resistance might set the pace for a larger move toward the $965 resistance. Any more gains might call for a test of the $1,000 handle in the near term. Downside Correction? If BNB fails to clear the $935 resistance, it could start another decline. Initial support on the downside is near the $920 level. The next major support is near the $910 level or the 50% Fib retracement level of the upward move from the $871 swing low to the $950 high. The main support sits at $900. If there is a downside break below the $900 support, the price could drop toward the $888 support. Any more losses could initiate a larger decline toward the $872 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $925 and $910. Major Resistance Levels – $935 and $950.
BNB price is gaining pace above the $885 zone. The price is now showing positive signs and might aim for a move above the $920 level in the near term. BNB price started a fresh increase above the $880 and $900 levels. The price is now trading above $900 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $885 level to start another increase in the near term. BNB Price Extends Gains BNB price formed a base above the $850 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $870 and $885 levels. The bulls even cleared the $895 resistance zone. A new all-time high was formed at $908 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $888 swing low to the $908 high. The price is now trading above $900 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $908 level. The next resistance sits near the $912 level. A clear move above the $912 zone could send the price higher. In the stated case, BNB price could test $920. A close above the $920 resistance might set the pace for a larger move toward the $945 resistance. Any more gains might call for a test of the $1,000 handle in the near term. Short-Term Pullback? If BNB fails to clear the $908 resistance, it could start another decline. Initial support on the downside is near the $898 level. The next major support is near the $893 level or the 76.4% Fib retracement level of the upward move from the $888 swing low to the $908 high. The main support sits at $888. If there is a downside break below the $888 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $865 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $898 and $888. Major Resistance Levels – $908 and $920.
BNB price is gaining pace above the $865 zone. The price is now showing positive signs and might aim for a move above the $900 handle in the near term. BNB price started a fresh increase above the $850 and $865 levels. The price is now trading above $870 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $870 level to start another increase in the near term. BNB Price Regains Strength BNB price formed a base above the $840 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $850 and $865 levels. The bulls even cleared the $875 resistance zone. A high was formed at $884 and the price is now consolidating gains. It is well above the 23.6% Fib retracement level of the upward move from the $841 swing low to the $884 high. The price is now trading above $875 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $882 level. The next resistance sits near the $885 level. A clear move above the $885 zone could send the price higher. In the stated case, BNB price could test $892. A close above the $892 resistance might set the pace for a larger move toward the $900 resistance. Any more gains might call for a test of the $920 level in the near term. Another Pullback? If BNB fails to clear the $885 resistance, it could start another decline. Initial support on the downside is near the $875 level. The next major support is near the $865 level or the 50% Fib retracement level of the upward move from the $841 swing low to the $884 high. The main support sits at $855. If there is a downside break below the $855 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $835 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $875 and $865. Major Resistance Levels – $885 and $900.
BNB price is consolidating losses below the $850 zone. The price is now facing hurdles near $855 and might start another decline in the near term. BNB price is correcting gains and traded below the $855 support zone. The price is now trading below $850 and the 100-hourly simple moving average. There is a short-term contracting triangle forming with support at $845 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $840 level to start another increase in the near term. BNB Price Dips To Support After a steady increase, BNB price failed to clear the $868 zone. There was a downside correction below the $865 and $855 levels, like Ethereum and Bitcoin. The price even dipped below $850 and tested $842. A low was formed at $842 and the price is now attempting a fresh increase. There was a move above the 23.6% Fib retracement level of the downward move from the $864 swing high to the $842 low. The price is now trading below $850 and the 100-hourly simple moving average. Besides, there is a short-term contracting triangle forming with support at $845 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $850 level. The next resistance sits near the $855 level and the 61.8% Fib retracement level of the downward move from the $864 swing high to the $842 low. A clear move above the $855 zone could send the price higher. In the stated case, BNB price could test $865. A close above the $865 resistance might set the pace for a larger move toward the $880 resistance. Any more gains might call for a test of the $888 level in the near term. Another Decline? If BNB fails to clear the $855 resistance, it could start another decline. Initial support on the downside is near the $845 level. The next major support is near the $842 level. The main support sits at $835. If there is a downside break below the $835 support, the price could drop toward the $820 support. Any more losses could initiate a larger decline toward the $800 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $842 and $835. Major Resistance Levels – $855 and $865.
Binance is once again in the spotlight as its native token, BNB, tests a crucial level after recently reaching fresh all-time highs. The momentum has been strong, with bulls showing resilience and holding price action above former resistance, now turned into support. This behavior signals the continuation of a broader bullish trend, one that has defined Binance’s performance through much of 2025. Related Reading: Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours However, what makes this moment even more significant is not only the price but also the underlying fundamentals of the BNB ecosystem. Top analyst Darkfost highlighted a major milestone that underscores BNB’s growing adoption. The BNB Chain has officially crossed 650 million unique addresses—wallets that have carried out transactions on the network. This achievement is a true testament to the scale of Binance’s reach in the blockchain space and highlights the network’s growing importance in global crypto adoption. Such growth in user activity mirrors the strong price action seen this year, reinforcing the narrative that BNB remains one of the most widely used and trusted blockchains in the industry. With bulls defending critical levels and network adoption soaring, Binance now faces a pivotal stage that could determine the sustainability of its current bullish trend. Binance Adoption And Market Outlook According to Darkfost, Binance’s latest milestone of surpassing 650 million unique addresses is more than just a number—it is a testament to adoption, user activity, and the strong interest surrounding the Binance ecosystem. This achievement underscores how deeply embedded BNB has become within the broader blockchain space, solidifying its reputation as one of the most widely used networks globally. From a market perspective, Binance continues to stand out as one of the few altcoins that has already exceeded its previous 2021 all-time highs, doing so back in June 2024. This makes BNB unique compared to most other large-cap cryptocurrencies, which are still battling to reclaim their former peaks. Holding above these levels reinforces investor confidence and highlights the strength of its underlying fundamentals, especially given the network’s rapid adoption and consistent activity growth. Analysts broadly agree that the uptrend for BNB is intact and likely to continue if adoption metrics remain strong. However, there is a recognition that broader market conditions could still introduce risk. A potential correction across crypto markets could bring BNB back to retest lower support levels, even if its fundamentals remain solid. For now, the balance between bullish momentum and market-wide caution will define Binance’s short-term trajectory. Related Reading: Bitcoin Mirrors Historical Pullback Ranges – Healthy Correction Or Trouble Ahead? BNB Price Testing Momentum After ATH The chart shows Binance Coin (BNB) trading around $853 after pulling back slightly from recent highs near $880. Despite the correction, BNB remains firmly above its key moving averages, with the 50-day SMA trending strongly upward and providing dynamic support around the $780–$800 region. This setup reflects a healthy bullish structure, with the coin consolidating after an extended rally. The breakout above $800 earlier in August marked a critical moment, pushing BNB into new all-time high territory not seen since June 2024. While short-term momentum has cooled, the higher lows established since mid-July suggest that bulls are maintaining control. For now, immediate resistance lies at $880, the recent peak, while support rests at $820 and further down at $780. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April If BNB holds above the $820–$800 zone, the bullish case remains intact, with a possible retest of the $900 level in the coming weeks. However, a break below $780 could invite a deeper correction toward $700, especially if broader market conditions turn risk-off. BNB remains one of the strongest large-cap performers, but volatility will likely persist as it tests this new range. Featured image from Dall-E, chart from TradingView
Binance has been one of the strongest performers in the crypto market since 2024, consistently setting new highs and establishing itself as a leader among altcoins. Now, BNB sits quietly just below its all-time high of $900, consolidating as bulls continue to show resilience despite broader market uncertainty. The recent pullback in Bitcoin, which fell below key demand levels, has fueled volatility across the market, but Binance has managed to hold its ground, signaling underlying strength. Related Reading: Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility Adding to this bullish narrative, top analyst Darkfost shared fresh data highlighting a surge in network activity. Since April 2025, the number of active addresses on the BNB network has more than doubled, a striking sign of adoption and usage growth. Today, daily active addresses range between 2 million and 2.5 million, with some spontaneous spikes exceeding 3 million. This robust activity places Binance ahead of other major blockchains, including Ethereum and Bitcoin, when measured by network usage. The growing demand for the BNB chain, coupled with its ability to maintain price stability near record highs, points to strong fundamentals. As adoption accelerates, Binance may be setting the stage for another breakout in the months ahead. Binance Network Activity Surges As Altcoins Prepare For Next Phase According to Darkfost, Binance’s blockchain has quietly moved into a position of dominance in terms of activity, surpassing even some of the most established networks. When compared to Ethereum, Bitcoin, or newer competitors like Base, BNB now leads with a significantly higher number of active addresses. Since April 2025, active daily addresses on the Binance network have consistently ranged between 2 million and 2.5 million, with occasional spikes exceeding 3 million. This doubling of user activity highlights a remarkable growth trajectory for the chain, reinforcing its role as one of the most widely used blockchains in the market. This surge in active addresses has coincided with a sharp increase in transactions. During the same period, daily transactions on the BNB chain have nearly tripled, fluctuating between 10 million and 14 million per day. What’s more impressive is that this growth has come with a relatively low transaction failure rate, reflecting both the efficiency and scalability of the network. Looking ahead, the coming months are expected to be critical for altcoins. Ethereum is currently leading the way with whale accumulation and strong network activity, but large-cap assets like Binance Coin (BNB) are preparing to follow. If current adoption trends persist, BNB could consolidate its position as one of the strongest players in the next stage of the cycle, potentially setting the stage for new highs once broader market volatility stabilizes. Related Reading: Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level BNB Consolidates Near Record Highs BNB is trading at $863.7, holding steady just below its all-time high near $900, as shown in the chart. After a strong rally through July and early August, BNB entered a consolidation phase where bulls are defending higher ground while sellers attempt to cap momentum. The 50-day moving average (blue line) is trending sharply upward, reflecting strong short-term momentum, while the 100-day (green) and 200-day (red) moving averages provide solid underlying support in the $730–$670 zone. The chart also highlights that BNB’s recent rally has created a tight consolidation channel between $850 and $875, suggesting that the market is pausing before deciding its next move. A confirmed breakout above $900 would likely trigger a push into price discovery, potentially extending gains if broader market conditions stabilize. On the downside, losing $850 could open a path to retest the $800 level, where the rising 50-day moving average converges with prior support. Related Reading: Ethereum Leads Market While Altcoins Lose Ground – Details BNB’s structure remains bullish, but momentum has cooled after the sharp rally. Traders are closely watching whether consolidation leads to another leg higher, especially as network fundamentals and activity remain strong. Holding above $850 keeps the bullish outlook intact, while failure could invite deeper corrections. Featured image from Dall-E, chart from TradingView