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New record and return to the top 5

On September 17, the BNB token surpassed the mark of $962 for the first time in its history, setting a new all-time high. This jump allowed the asset to increase its market capitalization to $132 billion and regain the fifth position in the global cryptocurrency ranking, overtaking Solana.

Explosive growth in trading activity

Spot trading volumes increased by 65.6% in one day, reaching $2.17 billion. An even more impressive dynamic was demonstrated by the derivatives market: according to CoinGlass, the volume of futures and options trades surged by almost 90% — to $2.29 billion. Open interest also increased by 8.26%, indicating a rise in the use of margin trading and strengthening positions among market participants.

Growth catalysts: regulatory news and strategic steps

The main impetus for BNB's growth came amid rumors of a soon-to-be resolution of the long-standing conflict between Binance and the U.S. Department of Justice. The potential conclusion of a settlement significantly reduced legal risks that had previously held back investors. Additional interest was sparked by reports of the possible return of Changpeng Zhao — the founder of the exchange.

Earlier, on September 10, Binance announced a partnership with Franklin Templeton — one of the largest asset management firms in the world. The joint project aims to develop the market for tokenized real assets (RWA) based on the BNB Chain blockchain. This collaboration expands the scope of the ecosystem and enhances its fundamental attractiveness.

The ecosystem is gaining momentum

Activity within the BNB Chain continues to grow: daily, between 10 to 14 million transactions are processed in the network. Since April 2025, the number of unique addresses conducting operations within a day has nearly doubled. This dynamic confirms the sustained interest of developers and users in the platform.

Analysts see potential up to $1000

Against the backdrop of these events, crypto experts are increasingly paying attention to BNB's prospects. An analyst under the nickname Saint Pump called it "the most promising coin among large assets" and suggested that the price could reach the psychologically important level of $1000. Among the key factors, he highlighted the increase in open interest and the decrease in funding rates in the futures markets — signs of sustainable demand without excessive overheating.

Technical picture: there is momentum, but caution is warranted

On the daily chart, BNB confidently holds in the upper part of the Bollinger Bands, not dropping below support at $920. The Relative Strength Index (RSI) has approached 70, indicating a strong upward momentum, but at the same time hinting at an approach to the overbought zone.

Confirmation of the bullish trend is provided by moving averages: the 10-day EMA is at $920, while the 200-day SMA is at $693, forming a reliable "cushion" for further growth. However, not all indicators are unambiguously optimistic: the MACD remains in the buying zone, while the Commodity Channel Index (CCI) signals a possible short-term correction.

What’s next: $1000 or a pullback?

If the current bullish sentiment persists, the next serious barrier will be the round mark of $1000 — it can become both a target for growth and a point of mass profit-taking. In the event of a reversal, the first support levels will be $920 and, in the case of a deeper pullback, $880.

Thus, BNB demonstrates powerful dynamics, supported by both fundamental and technical factors. However, as with any bullish movement, investors should consider the risks of short-term volatility.