Key points
- BNB set a new all-time high at $1,110 after gaining more than 5% on Thursday.
- The coin could continue its rally toward the psychological $1,500 level.
BNB tops $1,100 as rally continues
BNB, the native token of the Binance ecosystem, reached a fresh all-time high after rising more than 5% in a single session. The surge pushed BNB above $1,100 for the first time in its history.
The positive momentum in BNB has been supported by strong gains across major cryptocurrencies. Bitcoin climbed to $121,000 for the first time since August, while Ether broke through the $4,500 resistance level, helping lift sentiment across the market.
BNB’s strong performance in recent months reflects Binance’s continued dominance as a leading global crypto exchange. The exchange’s estimated daily trading volume is around $20 billion, roughly 400% higher than its nearest rival, Bybit, which reinforces BNB’s utility and investor interest.
BNB could extend rally to $1,500 as bull run persists
The 4-hour BNB/USD chart remains bullish and constructive, with the coin gaining roughly 15% over the past seven days. Momentum indicators point to buyer control, suggesting the uptrend could continue in the near term.
An RSI reading near 71 indicates BNB is approaching overbought territory if the rally persists. MACD lines are also in positive territory, confirming a pronounced bullish bias among technical indicators.
At the time of writing, BNB trades around $1,087 per coin. If current momentum holds, the token could push to a new record near $1,150. A sustained bull run could drive BNB to $1,200 for the first time, with upside potential targeting the psychological $1,500 mark if buying pressure continues.
That said, a pullback after the recent rally would not be unexpected. Should BNB correct, prices could fall below $1,000 and retest support near the TLQ level around $967. Bulls are likely to defend that zone; failure to hold it could see BNB decline further toward $930.