Is Binance (BNB) the Best Crypto to Buy Right Now?

BNB surges past $700 as exchange token dominance hits unprecedented levels. The Binance Smart Chain's explosive growth fuels a rally that's leaving traditional finance in the dust.

Utility Unleashed

BNB isn't just another speculative asset—it's the lifeblood of the world's largest crypto ecosystem. From slashing trading fees to powering DeFi protocols, this token actually does something. Unlike those legacy financial instruments that haven't innovated since the fax machine.

Ecosystem Expansion

Binance continues launching new products while traditional exchanges struggle with paperwork. The BNB chain processes transactions at speeds that make Wall Street's settlement systems look prehistoric. Real utility creates real demand—something IPO stocks wish they could replicate.

Regulatory Resilience

Despite regulatory headwinds, Binance maintains its dominance through relentless adaptation. The platform's global compliance framework expands while traditional finance debates whether crypto is 'real'. Meanwhile, BNB holders keep stacking gains.

Market Momentum

With institutional adoption accelerating, BNB's burn mechanism systematically increases scarcity. The token's deflationary economics contrast sharply with central banks' printing sprees—proving digital scarcity beats political promises every time.

Is BNB crypto's ultimate buy? The numbers suggest yes, but remember: in crypto, today's champion can become tomorrow's cautionary tale faster than a hedge fund manager's moral compass disappears during a bull market.

(Source: Coingecko)

: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year

BNB Price Analysis: Will $1,000 Hold? Time To Buy Now?

The ongoing crypto sell-off may stem from investors rushing to lock in profits after the eight-month rally.

Despite this swift pullback,BNB ▼-1.58% is resilient, holding steady above the key psychological level of $1,000.

The BNB crypto daily chart reflects this stability: As the Bitcoin price edged lower yesterday, BNB USD reversed September 22 losses and climbed higher.

bnbPriceMarket CapBNB$149.89B24h7d1y

If buyers build on these gains and BNB USDT stays above $970, marking this week’s low, there’s a strong chance it could surge past $1,100, propelling BNB crypto to new all-time highs.

Data from Coinglass shows a slight dip in trader confidence, but the overall sentiment leans neutral to bullish. The long/short ratio stands at 1.7 across accounts and 1.2 among top traders, per Binance metrics. Ratios above 1 indicate more buyers than sellers in the BNB market.

(Source: Coinglass)

That said, traders are proceeding cautiously: Trading volume on Binance has fallen -16% in the last 24 hours, to $2.2Bn. This decline echoes across major platforms like OKX, Bybit, and Hyperliquid.

While lower volume raises flags, positive momentum is emerging. Spot exchange inflows have risen over the past 12 hours, signaling genuine demand from long-term buyers rather than speculators.

Is BNB the Best Crypto to Buy Right Now? Aster, DeFi Driving Demand

The decoupling from Bitcoin marks a pivotal achievement for BNB crypto and Binance as an ecosystem. Most importantly, it underscores Binance’s transformation from a mere exchange into a powerhouse hosting high-profile DeFi protocols.

BNB plays a central role beyond the exchange: It’s the fuel for the BNB Chain, a low-fee and highly scalable blockchain rivaling Solana and Ethereum. On Binance, holders enjoy trading fee discounts; on the chain, it’s used for transaction fees, staking, and yielding attractive returns.

As of September 24, DeFi protocols on BNB Chain oversee more than $7.8Bn in total value locked, a steady climb from nearly $3Bn in late 2023 to over $8Bn on September 21, a nearly +300% expansion.

(Source: DefiLlama)

Over the same period, BNB rallied from under $250 to above $1,000, a +400% gain.

Echoing the 2020–2021 bull run, BNB’s edge today lies not in meme coins, but in DeFi.

At the heart of this DeFi surge are perpetual DEXes booming on BNB Chain. Undeterred by skeptics, developers have replicated Hyperliquid’s model by launching Aster.

Supported by YZi Labs, a firm tied to Binance founder Changpeng Zhao, Aster clocked over $584Bn in total perpetual volume.

(Source: Aster)

This growth is monumental for a protocol whose token launched roughly a week ago, on September 17.

While Zhao’s endorsement propelled the DEX’s TVL, ASTER prices have been soaring ever since, rising by over +1,900% in just a week.

The impact of Aster on BNB crypto has been both immediate and profound.

Thing is: Every trade on Aster boosts BNB demand, accelerating token burns that enhance its deflationary mechanics. If this trend continues, and perpetual DEXes become the future, it WOULD solidify BNB as the best crypto to buy now.

Is Binance (BNB) the Best Crypto to Buy Now?

• Is BNB coin the best crypto to buy now? 
• Binance is core to crypto and perpetual trading 
• BNB USD exploded above $1,000 earlier this week 
• BNB crypto pumped by viral Aster DEX on the BNB Chain