BNB Sets $1,111 All-Time High as Network Activity Grows and Treasuries Continue Buying – $2,000 Possible?
BNB surged to an all-time high of $1,111.90 on October 3, extending positive aspects to 7.27% in 24 hours and triggering $268 million in brief liquidations throughout crypto markets.
The rally pushed BNB’s market capitalization above $160 billion, solidifying its place as the world’s fourth-largest crypto whereas processing $3.74 billion in every day DEX quantity in keeping with DefiLlama data. This spike additionally solidifies BNB’s place among the many top crypto tokens by way of value efficiency in latest weeks.
The breakthrough comes as BNB Chain processes 2.3 million lively addresses every day, with a complete worth locked of $8.23 billion throughout DeFi protocols, representing a 2.49% progress over the previous 24 hours.
The community generated $1.01 million in chain charges and $3.4 million in software charges, whereas sustaining a stablecoin market capitalization of $13.47 billion.
Kazakhstan’s selection of BNB as the inaugural asset for its Alem Crypto Fund nationwide reserve offered institutional validation, contributing to the accelerated ascent of BNB past the psychological $1,000 barrier.
Kazakhstan Reserve Launch Sparks Institutional Treasury Trend
Kazakhstan’s Ministry of Artificial Intelligence and Digital Development has established the Alem Crypto Fund in partnership with Binance Kazakhstan.
Deputy Prime Minister Zhaslan Madiyev said that the fund goals to turn into “a dependable instrument for main buyers and a key basis for digital state reserves.”
The initiative builds on President Kassym-Jomart Tokayev’s directive to create state-backed crypto reserves via the National Bank’s Investment Corporation.
Earlier in Aug, B Strategy launched a $1 billion BNB-focused treasury firm backed by YZi Labs, previously Binance Labs, establishing what founders name the primary US-listed BNB treasury automobile.
Several Asia-based household places of work, together with these related to Binance founder Changpeng Zhao, anchored the preliminary elevate.
The transfer follows 10X Capital’s separate US-based BNB treasury firm, led by Galaxy Digital co-founder David Namdar and former CalPERS CIO Russell Read, as they put together for a serious alternate itemizing.
BNB Network Company purchased 200,000 BNB value $160 million, turning into the biggest company holder.
Hong Kong-listed Nano Labs also acquired 74,315 BNB for $50 million in July at a mean value of $672, outlining plans to build up as much as $1 billion concentrating on 5-10% of the circulating provide.
Nasdaq-listed Windtree Therapeutics additionally plans to allocate 99% of its $520 million funding round towards BNB purchases.
Validator Proposal Targets 50% Fee Cut to Challenge Solana
Just final month, BNB Chain validators proposed slashing gas fees by 50% and accelerating block speeds to take care of competitiveness in opposition to Solana and Base.
The proposal would cut back the minimal fuel value from 0.1 Gwei to 0.05 Gwei, whereas shortening block intervals from 750 milliseconds to 450 milliseconds.
Average transaction prices would drop to roughly $0.005 per transaction underneath the proposal, positioning BNB Smart Chain alongside the most affordable networks.
Changpeng Zhao endorsed the initiative shortly after the proposal emerged, as BNB reached its earlier peak above $1,000 in September.
BNB Chain validators suggest chopping fuel charges in half to $0.005 per transaction as BNB token surges previous $1,000 all-time high.#Binance #BNBhttps://t.co/bZpWe37kzz
— Cryptonews.com (@cryptonews) September 24, 2025
Previous price reductions led to huge utilization will increase, with every day transactions surging 140% to exceed 12 million.
The rally notably occurred regardless of a security breach of the official BNB Chain X account on October 1, with Zhao warning customers to not click on suspicious hyperlinks selling a faux $BSC rewards program.
The account posted fraudulent messages claiming early rewards for voting on “upcoming BSC rewards date,” although groups rapidly recognized and contained the phishing try.
Technical Analysis Projects $1,200-$1,500 Near-Term Targets
BNB’s 4-hour chart shows a bullish flag sample breaking to the upside, presently buying and selling round $1,109 just under the projected $1,200 goal.
The sample exhibits consolidation inside converging trendlines after the preliminary surge to all-time highs, with latest breakout suggesting continuation.
From an extended logarithmic view, the chart exhibits the entire journey from 2018 lows round $3 to present ranges above $1,000, with Fibonacci extensions suggesting projected advances to $3,018, $4,280, and finally $6,155.
BNB has delivered returns exceeding 30,000% from its 2018 backside, though strikes from $1,000 to $6,000 require essentially totally different capital inflows than early-stage advances.
Technical patterns counsel a near-term continuation towards $1,200-$1,300 if momentum is sustained, with a possible extension to $1,500 on robust institutional shopping for.
The $950 – $1,000 zone represents essential assist, with failure to carry this stage triggering a retracement towards $850 – $900.
Aggressive multi-thousand-dollar targets ($2,000-$6,000) require extraordinary progress assumptions and capital inflows that won’t materialize, significantly given the present market capitalization exceeding $160 billion.
The most possible state of affairs includes consolidation between $1,000 and $1,300 over the approaching weeks, with a breakout above $1,300 opening the trail towards $1,500-$1,600 earlier than an prolonged correction.
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