BNB Hits Second ATH This Month, Crosses $1,300 Barrier – Is $1,500 Next?
Binance Coin (BNB) surged previous $1,300 on October 6, 2025, marking its second all-time high inside hours after initially breaking $1,200 earlier within the day, because the token flipped XRP to develop into the third-largest cryptocurrency by market capitalization.
The 19% weekly acquire boosted BNB’s market cap to over $154 billion, surpassing each Tether and XRP behind solely Bitcoin and Ethereum.
BNB Chain topped all blockchains in 24-hour charges, adopted intently by Hyperledger and Solana.
The rally coincided with Bitcoin reaching a brand new all-time high above $126,000, as the continuing US government shutdown drove traders to cryptocurrencies as safe-haven belongings.
Founder Changpeng Zhao emphasised ecosystem development, with 30% of BNB’s provide now staked amid institutional inflows and the enlargement of DeFi.
The surge comes as October traditionally delivers a powerful fourth-quarter efficiency for cryptocurrencies, with Bitcoin averaging 79.6% good points in previous This autumn durations.
CZ Admits Preferring X Over Binance Square Despite BNB Rally
Amid these wild runs in direction of new ATHs, Changpeng Zhao admitted he personally prefers utilizing X over Binance’s personal social platform, Binance Square, regardless of the latter reaching 275 million customers since launching in 2023.
CZ cited safety issues as the first purpose, stating he likes to “keep logged out on Binance.com when not making a transaction” and might go months with out logging in. He famous he makes use of X to achieve the “non-Binance neighborhood” as the middle of broader crypto discourse.
There are just a few causes I take advantage of X greater than Binance Square.
I like to remain logged out on https://t.co/9rMMAmczvH when not making a transaction, as a safety coverage. I am going on for months with out logging in.
I like to achieve non Binance neighborhood.
But possibly I’ll swap again there https://t.co/A2Jsltrsqb
— CZ
BNB (@cz_binance) October 4, 2025
The feedback obtained blended reactions, with critics questioning why the founder wouldn’t be lively in his personal ecosystem.
The distinction with Elon Musk’s frequent posting on X since buying Twitter in 2022 stands out sharply.
CZ concluded by saying he’ll “possibly” swap again to Binance Square sooner or later.
Broader Market Rally Driven by Political Uncertainty and Institutional Demand
Bitcoin’s surge previous $126,000 was accompanied by over $1 billion in spot ETF inflows, together with almost $970 million from BlackRock’s iShares Bitcoin Trust, with buying and selling quantity up greater than 20% from the prior day.
Analysts attribute the rally to the April halving, pro-crypto insurance policies underneath the Trump administration, and Bitcoin’s attraction amid the political uncertainty brought on by the federal government shutdown.
Just yesterday, Strategy Inc. reported a $3.9 billion unrealized gain on its 640,031 BTC holdings within the third quarter, with whole honest worth reaching $47.35 billion.
Earlier at the moment, VanEck’s Matthew Sigel stated that surveys point out youthful customers are more and more favoring Bitcoin for wealth preservation over gold.
He famous that round half of gold’s market worth comes from its retailer of worth position, and if Bitcoin captured half of that market, it could indicate $644,000 per coin at at the moment’s file gold value.
VanEck initiatives that Bitcoin may settle 10% of world commerce by 2050, supporting a long-term value of $2.9 million per coin, equal to a $61 trillion market capitalization.
Technical Analysis Projects $1,500 Target Following Breakout Pattern
Hourly chart evaluation reveals BNB buying and selling at $1,266.83 following a breakout from consolidation close to $1,193, with upside targets of roughly $1,347 representing a 6.3% acquire.
Conversely, draw back danger lies beneath $1,183, which might lead to a possible 6.6% decline.
The consolidation field round $1,193 represents the bottom from which the current advance developed, with a comparatively balanced risk-reward ratio suggesting a present equilibrium between patrons and sellers.
To take it even additional, each day chart evaluation identifies three distinct phases of breakout.
The first, from a $650 to $700 base, yields 27% good points, the second, from a $850 consolidation, yields 29% good points, and projections counsel the present third breakout may produce 51% good points, reaching $1,500.
However, the sample of escalating proportion good points assumes limitless shopping for energy and ignores profit-taking dynamics that sometimes emerge after substantial advances.
BNB has already delivered over 100% good points from current bases round $600.
The $1,500 goal represents roughly 18.5% upside from present ranges round $1,266, requiring BNB’s market capitalization to achieve above $208 billion and fully surpass XRP and USDT to solidify its place because the third-largest digital asset.
The rally didn’t begin in a single day; BNB has recorded a value enhance of over 99% prior to now three months.
Some analysts imagine FOMO may push BNB towards $1,500 as the following psychological goal, though ecosystem developments and treasury shopping for might already be mirrored in present valuations.
As it stands now, BNB may proceed towards $1,400-$1,500 if momentum extends, though consolidation between $1,200-$1,350 seems extra possible as markets digest current 100%+ good points from $600 bases.
A possible correction towards $1,100-$1,150 stays attainable if profit-taking accelerates following the all-time high breakout, because the hourly chart’s balanced danger parameters contradict aggressive longer-term projections.
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