When will BNB break $900?

Currently, the BNB price is fluctuating in the $830~$860 range, with an increase of about 12% over the past month, showing more stability compared to the fluctuations of BTC and ETH. According to historical trends, BNB often lags behind BTC in the early stages of a bull market, but when market sentiment shifts towards altcoins, it tends to experience rapid catch-up gains.

On-chain data shows that the daily average transaction volume on the BNB chain has recently exceeded 5 million, and Gas consumption has increased by 18% month-on-month, indicating that the ecosystem's activity is improving. At the same time, the annualized returns of new projects on Binance Launchpool are attracting a large amount of locked funds, reducing the circulating supply of BNB and alleviating supply pressure.

If BTC can stabilize above $120,000 by the end of August, coupled with the expectation of a Federal Reserve interest rate cut in September, funds are likely to accelerate towards leading altcoins. Based on the current pace of increase, BNB is expected to reach the $900~$920 range between mid-September and early October, potentially setting a new all-time high.

Of course, this prediction is based on the premise that macro risks are controllable and BTC maintains its strength. If BTC undergoes a deep correction, the timing for BNB could also be delayed.

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