BNB (Binance Coin) – At a Glance
BNB is the native digital currency of the Binance ecosystem, originally introduced in 2017 as an Ethereum-based (ERC-20) token. It later migrated to Binance's own blockchain (BNB Chain) and serves a wide range of functions—such as discounted trading fees, powering smart contracts on BNB Chain, governance, token launches, DeFi, NFTs, and more.
** Market Capitalization**
BNB ranks among the top cryptocurrencies by market value. Recent data shows its market cap is approximately $111.5 billion according to CoinDesk , and similarly $111.6 billion per Crypto.news .
$BNB /USDT – Extended High Target Projection
Current Price: $801.39
Long-Term Bullish Structure: BNB has already broken major resistance zones and is consolidating in a bullish channel. With sustained momentum, $1,250 is a realistic extended cycle target.
🎯 Target Path to $1,250
$850 → First short-term breakout zone; triggers renewed momentum.
$900 – $920 → Strong resistance and liquidity zone.
$1,000 – $1,020 → Key psychological milestone.
$1,080 – $1,100 → Breakout confirmation level; above here bulls dominate.
$1,200 – $1,250 → Full cycle stretch target; could be reached if BTC and alt market sentiment remain strongly bullish.
🛡 Support to Hold for $1,250 Scenario
$775 – $782 → Short-term bullish structure support.
$740 → Trendline protection zone.
$700 → Cycle invalidation level if broken with volume.
💡 Analysis Note:
$1,250 is not just a random pump target — it lines up with the measured move from the last breakout and aligns with historical extension Fibonacci levels. If altcoin season heats up and Binance ecosystem news stays positive, the climb can be sharp.