The rise of BNB above 850 USDT is truly a historic moment! It's a new ATN (All-Time New), and well-deserved.
What drives the growth of BNB?
1. Binance Wallet and Web3 Infrastructure
BNB has become the heart of Binance Smart Chain (BSC) and Binance Wallet, where Pre-TGE, DeFi protocols, DEX, and tokenizations are actively launching. Users are actively using BNB to access IDO, TGE, and other Web3 functions — this creates huge demand.
2. Active TGEs and drops (for example, DELABS, BTR)
Binance is implementing a new participation model through Alpha Points and BNB subscriptions, as we see in the case of Delabs and Bitlayer (BTR). These activities encourage the purchase and holding of BNB, especially among crypto enthusiasts.
3. Limited issuance + regular Burn
Binance continues to burn BNB as part of the Auto-Burn mechanism, reducing the total supply. This increases upward price pressure — especially during periods of strong demand.
4. Institutional Interest
According to insiders, some funds are again increasing positions in BNB as part of the 'DeFi infrastructure package', along with ETH, AVAX, and OP.
Where can BNB go next?
Near-term targets:
900–920 USDT is the zone of the next resistance, which may be reached within a week.
1000 USDT is a psychological level that the market will test if altcoins continue to strengthen.
What could stop the growth?
Overall decline of the crypto market (for example, due to sharp volatility of BTC).
Tight regulations, especially in the US, if they are again directed at centralized exchanges.
Internal problems of Binance (lawsuits, freezes, etc.).
My forecast:
If the market does not face an external shock — BNB has the potential to reach 1000–1100 USDT by the end of August, especially if the rise of BTC and ETH continues, and Binance actively promotes its initiatives (TGE, Web3, NFT, DeFi).