BNB Price Forecast: Is a Bull Run Coming?
Binance Coin (BNB), the native token of the world’s largest crypto exchange, is showing strong bullish momentum after breaking a key resistance level. With investor sentiment turning optimistic and technical indicators flashing green, BNB now has its sights set on the $750 mark — a level not seen since its all-time high in 2021.$BNB
Technical Breakout Sparks Optimism
BNB recently surged past a crucial resistance near $600, a zone it had tested multiple times in recent months. This breakout has triggered renewed interest from traders, as momentum indicators such as RSI and MACD point to continued upward pressure.
A sustained move above this level suggests that bulls are firmly in control. If buying volume continues to increase, analysts believe BNB could challenge the $750 level in the coming weeks.
Ecosystem Strength Drives Demand
One of BNB’s biggest strengths lies in its growing utility. It powers the Binance Smart Chain (BSC), which continues to be a top choice for decentralized applications (dApps), DeFi projects, and NFT platforms. BNB is also used for trading fee discounts, staking, token sales, and more within the Binance ecosystem — making it a cornerstone of platform activity.
Additionally, recent announcements from Binance, including new token listings and ecosystem upgrades, have added to the bullish momentum.