BNB Shatters $1,000 Barrier as Binance Nears DOJ Settlement, Fueling Speculation of CZ’s Comeback

BNB rockets past the psychological $1,000 milestone—just as Binance edges closer to resolving its long-standing DOJ scrutiny.

Market Momentum Meets Regulatory Resolution

Traders are piling into BNB, betting that a finalized DOJ deal will remove a major overhang. The token’s surge isn’t just technical—it’s a vote of confidence in Binance’s ability to navigate U.S. legal waters.

The CZ Rumors: Leadership or Distraction?

Whispers about Changpeng Zhao’s potential return are gaining volume. Whether it’s strategic repositioning or pure speculation, the market’s reacting like he’s already back in the driver’s seat.

Institutional Eyes on the Prize

With regulatory clarity on the horizon, even traditional finance skeptics are starting to glance at the crypto space—though they’ll probably still call it a 'bubble' right before jumping in.

BNB’s breakout isn’t just a number—it’s a signal that crypto’s biggest players can play by the rules and still win big. Sometimes, compliance is the new alpha.

Technical Analysis Overview

BNB’s upward push began steadily after reports of the Binance-DOJ deal surfaced, with the token trading around $956 in the morning before gathering pace in the evening hours. It jumped from $961.41 to $994.49 in little over an hour, in a spike that came with a surge in trading volume.

The token found consistent support between $983 and $988, even as it briefly stalled near resistance at $995. That price ceiling was tested multiple times before a final breakout that saw it hit a new all-time high above the psychological barrier of $1,000.

The sharpest gain came in a six-minute window where prices leapt from $998.74 to $1,004.28, supported by a volume burst eight times above normal hourly levels.

New resistance is emerging near $1,005, while support has stabilized just below the $1,000 line. BNB’s price has since receded to around $998.

 Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.