Binance is once again in the spotlight as its native token, BNB, tests a crucial level after recently reaching fresh all-time highs. The momentum has been strong, with bulls showing resilience and holding price action above former resistance, now turned into support. This behavior signals the continuation of a broader bullish trend, one that has defined Binance’s performance through much of 2025.
However, what makes this moment even more significant is not only the price but also the underlying fundamentals of the BNB ecosystem. Top analyst Darkfost highlighted a major milestone that underscores BNB’s growing adoption. The BNB Chain has officially crossed 650 million unique addresses—wallets that have carried out transactions on the network. This achievement is a true testament to the scale of Binance’s reach in the blockchain space and highlights the network’s growing importance in global crypto adoption.
From a market perspective, Binance continues to stand out as one of the few altcoins that has already exceeded its previous 2021 all-time highs, doing so back in June 2024. This makes BNB unique compared to most other large-cap cryptocurrencies, which are still battling to reclaim their former peaks. Holding above these levels reinforces investor confidence and highlights the strength of its underlying fundamentals, especially given the network’s rapid adoption and consistent activity growth.
Analysts broadly agree that the uptrend for BNB is intact and likely to continue if adoption metrics remain strong. However, there is a recognition that broader market conditions could still introduce risk. A potential correction across crypto markets could bring BNB back to retest lower support levels, even if its fundamentals remain solid. For now, the balance between bullish momentum and market-wide caution will define Binance’s short-term trajectory.
The chart shows Binance Coin (BNB) trading around $853 after pulling back slightly from recent highs near $880. Despite the correction, BNB remains firmly above its key moving averages, with the 50-day SMA trending strongly upward and providing dynamic support around the $780–$800 region. This setup reflects a healthy bullish structure, with the coin consolidating after an extended rally.
The breakout above $800 earlier in August marked a critical moment, pushing BNB into new all-time high territory not seen since June 2024. While short-term momentum has cooled, the higher lows established since mid-July suggest that bulls are maintaining control. For now, immediate resistance lies at $880, the recent peak, while support rests at $820 and further down at $780.
If BNB holds above the $820–$800 zone, the bullish case remains intact, with a possible retest of the $900 level in the coming weeks. However, a break below $780 could invite a deeper correction toward $700, especially if broader market conditions turn risk-off. BNB remains one of the strongest large-cap performers, but volatility will likely persist as it tests this new range.
Featured image from Dall-E, chart from TradingView
