BNB Price Surges Past $1,000 Amid Rising Market Activity and Liquidity

Binance Coin (BNB) has recently reclaimed the crucial $1,000 resistance level, signaling a strong bullish momentum with potential targets ranging from $1,100 to $2,000. Analysts highlight that as long as BNB remains above the $780–$800 support zone, the rally could continue, supported by a major short squeeze and increased trading volume. The BNB Chain is also experiencing significant on-chain activity and liquidity inflows, partly driven by the growth of decentralized exchange Aster. Binance founder Changpeng Zhao's net worth has surged alongside BNB's price, reportedly increasing by $54 million per day since his release from prison, boosting his net worth to around $20 billion in just over a year. Technical indicators on multiple timeframes suggest buying opportunities around $980 with stop-losses near $930, aiming for targets as high as $1,200. However, a drop below key support levels could trigger sharp corrections, making the $1,000 level a critical area for traders to watch.