#bnb

Price Predictions for BNB: Heading Towards $2,000 or More

The price of BNB could more than double by early 2026, potentially reaching $1,000 by the end of the year and a cycle peak of $2,000, according to market analyst BitBull. This optimistic projection is driven by several factors.

Key Factors for Growth

Maxwell Update of the BNB Chain: The network's growth following this update is one of the main catalysts.

Institutional Accumulation: Over $600 million in accumulation by institutions signals increasing confidence in the asset.

Optimistic Technical Analysis:

2019-2020 Fractal: The analysis of a fractal indicator of past performance suggests a similar upward movement.

Breakout of Ascending Triangle: BNB broke out of a multi-year ascending triangle, a continuation pattern that reflects a pattern observed between 2018 and 2021.

Price Targets: Based on this breakout, projections reach $3,900, surpassing BitBull's forecast for the cycle peak.

In July, the price of BNB already rose over 30%, reaching an all-time high of $861.20. If BNB can replicate part of its previous performance, a move to the range of $1,800 to $2,000 seems technically feasible by early 2026.

$BNB