Binance Coin Technical Analysis Points to $1,150 Target as Momentum Builds
Binance Coin (BNB) is demonstrating remarkable strength in the cryptocurrency market, with technical analysis suggesting a potential surge to $1,150 by the end of October. Despite experiencing a minor daily decline of 5.23%, BNB maintains a robust trading position at $962.53, showcasing its resilience against broader market volatility. The current technical landscape reveals compelling bullish signals that could propel the asset beyond critical resistance levels. Market analysts are closely monitoring the $1,083 resistance barrier, which appears poised for a significant breakthrough. The Relative Strength Index (RSI) reading of 54.12 indicates neutral territory, providing substantial room for upward momentum without immediate overbought concerns. This technical positioning suggests that BNB has ample runway for growth before encountering traditional resistance thresholds. The asset's performance amid fluctuating market conditions underscores its fundamental strength and growing investor confidence. As we approach the final weeks of October, market participants are watching for confirmation of the projected breakout pattern. The combination of technical indicators and market sentiment creates an optimistic outlook for Binance Coin's short-term trajectory. Should the asset maintain its current momentum and successfully breach the identified resistance levels, the $1,150 target appears increasingly achievable. This potential movement represents not only a significant price appreciation but also reinforces BNB's position as a leading asset in the cryptocurrency ecosystem. The coming weeks will be crucial in determining whether these technical projections materialize, making this an important period for traders and investors monitoring Binance Coin's performance.
BNB Price Prediction: $1,150 Target by October End as Technical Momentum Builds
Binance Coin (BNB) is showing strong bullish signals, with a projected target of $1,150 by late October. Currently trading at $962.53 despite a minor 5.23% daily dip, the asset demonstrates resilience amid broader market fluctuations.
Technical indicators point to a potential breakout above the $1,083 resistance level. The RSI at 54.12 suggests neutral territory, leaving room for upward momentum. Analysts note the absence of bearish calls as a tacit endorsement of BNB's trajectory toward its 52-week high of $1,047.80.
Consolidation patterns hint at an impending major move, with the $1,100-$1,150 range emerging as a likely destination. Market sentiment aligns with this outlook, reinforced by Binance Coin's sustained performance throughout 2025.
Perpetual DEXs Surge 15% to Historic $70 Billion Daily Volume as Aster Dominates Market
Perpetual decentralized exchanges (DEXs) shattered records with $70 billion in daily trading volume, a 15% surge from Wednesday's $67 billion, signaling explosive growth in decentralized derivatives trading. Aster, the Binance-backed platform on BNB Chain, dominated with $36 billion in volume—over half the sector's activity—while its native token ASTER traded at $2.06 amid heightened volatility.
The three-day rally saw volumes climb from $52 billion on Tuesday to Thursday's all-time high, reflecting renewed institutional and retail interest. Aster's performance eclipsed rivals like Hyperliquid ($10 billion) and Lighter, underscoring its market leadership. The derivatives surge highlights DeFi's expanding role in crypto markets, with perpetual contracts driving unprecedented liquidity.
Ethena Expands DeFi Ecosystem with USDe and sUSDe Launch on Plasma
Ethena Labs has integrated its dollar-denominated assets, USDe and sUSDe, into Plasma's LAYER 1 blockchain, marking a significant expansion of its decentralized finance (DeFi) reach. The launch coincided with Plasma's mainnet beta debut on September 25, which opened with over $2 billion in stablecoin liquidity and more than 100 integrations.
The assets are now live across major DeFi platforms including Aave, Curve, Balancer, and Fluid, with PENDLE set to follow. Aave's Plasma instance introduced Liquid Leverage markets, offering $500 million in USDe and $450 million in sUSDe deposit capacity. These pools are expected to benefit from Binance Earn's USDT liquidity.
USDe's supply has surged to $14 billion, making it the third-largest stablecoin by market capitalization. Depositors on Aave can earn Ethena Points, while leverage strategy rewards are claimable through Merkl.
Trust Wallet Launches Web3 Accelerator Program 'Trust Moon' with Major Backing
Trust Wallet unveiled its Web3 accelerator initiative, Trust Moon, on September 26, 2025, marking a strategic push to bolster decentralized technology development. The program is backed by industry heavyweights including Binance, Polygon, Moonpay, and Amazon Web Services (AWS), offering developers access to funding, distribution channels, and a supportive ecosystem.
Trust Moon prioritizes early access for Trust Wallet users and TWT token holders, granting exclusive rewards and first-mover advantages in emerging projects. This dual benefit accelerates innovation while deepening community engagement with cutting-edge Web3 solutions before mainstream adoption.
The initiative arrives as global demand for decentralized finance tools surges, with the Web3 market poised for exponential growth. By bridging infrastructure gaps between startups and established platforms, Trust Moon could significantly influence blockchain adoption trajectories.
BNB Price Retreats 4.7% Despite Record $2.5B Contract Holdings Surge
BNB trades at $945.24 after pulling back from a recent all-time high, shedding 4.74% in 24 hours. The retreat follows a surge to $1,080.48 on September 21st, marking a 70% year-to-date gain fueled by institutional interest and robust on-chain activity.
Contract holdings reached a historic 2.34 million tokens, valued at $2.5 billion, underscoring strong institutional confidence in Binance's ecosystem. Trading volume remains elevated at $592.9 million on Binance spot markets, signaling sustained participation despite short-term volatility.
The Relative Strength Index at 51.05 reflects neutral momentum after the recent rally. Market observers view the pullback as a healthy consolidation phase following explosive growth, with key support levels emerging between $936 and $1,000.
Franklin Templeton Expands Benji Platform to BNB Chain, Enhancing Tokenized Finance
Franklin Templeton, a global asset management giant overseeing $1.6 trillion, has integrated its Benji Technology Platform with BNB Chain. The MOVE aims to scale tokenized financial products by leveraging BNB Chain's high-speed, low-cost infrastructure.
The integration connects Franklin Templeton's institutional-grade tokenization stack to BNB Chain's growing ecosystem of investors. This marks another milestone in the firm's blockchain journey, which began in 2021 with the first U.S.-registered blockchain-based mutual fund.
BNB Chain's sub-second finality and compliance-ready architecture position it as an ideal platform for real-world asset tokenization. The partnership signals accelerating institutional adoption of blockchain for traditional finance applications.
