#BNBBreaksATH BNB broke its all-time high, reaching $827.25 and triggering $180 million in crypto liquidations. This surge is attributed to strong BNB Chain activity, institutional treasury demand, and bullish sentiment. Some analysts predict BNB could reach $1,000 by Q4 2025 or even $1,800-$2,000 by the cycle top.
*Key Factors Driving BNB's Price:*
- *Increased Network Activity*: Binance Smart Chain's active addresses jumped 21% to nearly 3.5 million, with DeFi's Total Value Locked (TVL) also rising 21%.
- *Bullish Market Sentiment*: Funding rates are positive, indicating aggressive long positioning, while open interest has surpassed $1.3 billion.
- *Resistance Levels*: Next targets are $888 and $1,000-$1,066, with support levels at $778-$740 and $710-$669 ¹ ².
*Market Performance:*
- *Current Price*: $843.09 (up 6.08% with a market cap of $109.06B)
- *Trading Volume*: Over $5 billion in daily trading volume
- *Liquidations*: $180 million in crypto liquidations, with shorts dominating liquidations ³ ²