Key points
- BNB reached a new all-time high of $1,110 after rising more than 5% on Thursday
- The coin could continue higher toward the psychological $1,500 level
BNB tops $1,100 as rally continues
BNB, the native token of the Binance ecosystem, hit a new all-time high after gaining over 5% in a single session. The surge pushed BNB above $1,100 for the first time in its history.
The coin’s strong performance coincided with broad gains across the crypto market. Bitcoin posted notable advances, briefly reaching $121,000 for the first time since August, while Ether broke through the $4,500 resistance level.
BNB’s impressive run in recent months has taken place as Binance further cements its position among the world’s leading cryptocurrency exchanges. The platform currently handles roughly $20 billion in daily trading volume, about 400% more than its nearest rival, Bybit.
BNB could extend the rally to $1,500 as the uptrend remains intact
The 4-hour BNB/USD chart shows a clear uptrend, with the token rising roughly 15% over the past seven days. Momentum indicators are strongly bullish, signaling that buyers are firmly in control at present.
An RSI reading of 71 suggests BNB could move into overbought territory if the upward bias continues. The MACD is also in positive territory, reinforcing the prevailing bullish sentiment.
At the time of writing, BNB trades around $1,087 per coin. If the current momentum persists, BNB could push toward a new all-time high near $1,150. A sustained uptrend would make $1,200 a likely next milestone before attention turns to the psychological $1,500 target.
On the other hand, if BNB undergoes a correction following the recent rally, the token could slip below $1,000 and revisit support near the $967 TLQ level. Bulls are expected to defend this zone; failure to hold it could open the door to a deeper pullback toward $930.