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August 31, 2025

BNB Price Smashes Another All-Time High, Now Staring Down $1K Milestone Brenda Mary | usagoldmines.com

TLDR:

  • BNB price has soared to $865 ATH, holding above support as bulls target the $1,000 milestone.
  • Institutional inflows into BNB surpass $660M as traders anticipate further upside momentum.
  • Strong support holds at $865 with near-term backing at $793, keeping bullish structure intact.
  • Daily transactions on BNB Chain exceed 12.4M, adding strength to the network’s market positioning.

The BNB price keeps getting closer to breaking into four digits. Traders are now watching one of the most closely followed moves in the crypto market this quarter. After clearing its all-time high, Binance Coin is showing no signs of losing steam. 

Support levels are holding, institutional inflows are rising, and network activity remains strong. If momentum stays intact, the $1,000 target could be next.

BNB Price Pushes Beyond All-Time High

According to CoinGecko, Binance Coin’s price trades at $865.44, after hitting an all-time high of $865. This level has now flipped into a key support zone, according to market expert Crypto King. 

Binance Coin price on CoinGecko

Moreover, the analyst observed that this price action marks a transition from consolidation to a sustained uptrend.

Historical breakouts earlier this year saw gains of over 15%, a pattern that, if repeated, would place BNB around the $1,000 mark. For now, near-term support is around $865, with stronger backing at $793 if prices pull back.

From February to May, BNB reversed a prolonged downtrend and reclaimed critical levels. The current daily chart shows no strong signals of exhaustion, keeping bullish sentiment alive.

Institutional Inflows and Network Growth

Data shared by Wise Crypto highlights that institutional inflows into Binance Coin have now topped $660 million. The asset’s 3.5% annual burn rate has already removed more than $1 billion worth of BNB from circulation, reducing supply pressure.

The BNB Chain’s daily transaction count exceeds 12.4 million, supporting a stablecoin market worth $11.2 billion. These metrics point to solid blockchain activity that continues to underpin the asset’s market value.

With the Maxwell upgrade now in place, the network’s scalability and efficiency have improved, potentially aiding in handling higher trading volumes as prices climb.

The BNB Road to $1,000

A 15% move from current levels would put Binance Coin at $1,000, a key psychological level for traders and investors. Clearing it could invite further buying pressure and possibly accelerate the rally.

Analysts caution that keeping support above $865 is critical to maintaining the bullish structure. A fall below $793 could trigger profit-taking and weaken the setup. For now, both price action and market participation favor the bulls.

If buying momentum holds, Binance Coin could be one of the next major crypto assets to cross into four digits this year.

 

The post BNB Price Smashes Another All-Time High, Now Staring Down $1K Milestone appeared first on Blockonomi.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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