BNB Shatters Records: Soars to New All-Time High as Analysts Target $1000 Milestone
BNB just blasted through previous ceilings—hitting unprecedented heights as market watchers turn bullish on four-digit territory.
The Run-Up
Momentum's building fast. No fluke—this surge reflects growing institutional confidence and ecosystem expansion.
Behind the Climb
Traders are stacking positions, betting big on Binance’s native token outpacing broader crypto trends. Liquidity’s deepening, volatility’s tightening—classic pre-breakout behavior.
Looking Ahead
Analysts see a clear path toward four figures, though skeptics whisper about typical crypto hype cycles. After all, what’s a bull run without a few finance bros overleveraging? Stay sharp.
Regulatory clarity and institutional support fuel BNB rally
The rally gained momentum on Sept. 16 after reports suggested Binance is close to securing a settlement with the U.S. Department of Justice. A resolution to the long-running investigation eased investor concerns about legal risks. Speculation over the possible return of founder Changpeng Zhao further fueled sentiment.
On Sept. 10, Binance also revealed a partnership with asset manager Franklin Templeton to expand tokenized real-world asset markets through BNB Chain. The partnership highlights BNB’s contribution to the rapidly expanding RWA industry, which analysts predict will reach $10 trillion in the upcoming years.
Meanwhile, on-chain activity is growing. Transactions now total between 10 and 14 million per day, and the number of daily active addresses has doubled since April. There are currently over 5,800 decentralized applications running on the network, and the total value locked has reached $7.6 billion. Weekly decentralized exchange volume reached $16 billion last week, as per DefiLlama data.
Following the surge, analyst Saint Pump wrote on X on Sept. 16 that BNB is the “best looking highcap,” forecasting a potential move toward $1,000 before a broader market pullback. He noted that rising open interest alongside lower funding rates creates room for further gains.
$BNB is the best looking highcap.
I expect the market to roll over by week's end, but it looks good for a push to ~$1k.
OI is very high, but funding has spiked down, which supports my thinking that there's room to go up. pic.twitter.com/FBIhr02Cw2
BNB price technical analysis
BNB is still in the upper Bollinger Band range and is holding above the $920 support level. The relative strength index, which is now NEAR 70, indicates strong momentum with an impending overbought condition. The upward strength of the trend is confirmed by the buy signals from the 10-day EMA at $920 and the 200-day SMA at $693.
Momentum indicators paint a mixed picture. The MACD is in buy territory even though oscillators such as the Commodity Channel Index and Williams %R indicate short-term exhaustion.
If the bullish momentum persists, resistance is located close to $1,000, a psychological milestone and possible profit-taking level. A rejection could see prices retest $920 and then $880 as near-term supports.
