Why Is Binance Coin (BNB) Outperforming Bitcoin Price Today?

Binance Coin (BNB) price climbed above $1,100 on October 23, 2025, after Coinbase and Robinhood added the coin to their trading platforms.

Notably, the listings lifted trading activity and helped BNB move higher while Bitcoin stayed flat, raising hopes for another strong rally.

BNB Price Gains Strength Above $1,100

It is worth mentioning that Binance Coin has moved higher after struggling to stay above the $1,000 level.

CoinMarketCap data now shows that the price trades around $1,100, showing signs of stronger buying interest.

Charts show that BNB broke out of a falling wedge pattern, which often signals a change in direction.

The Relative Strength Index has also lifted off the neutral 50 zone, showing that the market is gaining momentum.

If this continues, Binance Coin could test resistance near $1,211. A clear move above that level could open the way to about $1,377, which would mark a new record.

Even though BNB price looked weak earlier in the week, buyers held their positions. The coin stayed above its key support level, which helped restore confidence.

The chart also showed a double-top pattern earlier, usually a sign of possible decline, but that setup did not last long.

Analysts say the overall picture now looks more stable. BNB’s sustained rally above $1,000 shows that traders still see value in the asset.

Compared to Bitcoin, which traded in a narrow range, BNB’s stronger move suggests that more money is flowing into the token this week.

Coinbase, Robinhood, and Polymarket Boost BNB Activity

It is important to add that the main trigger behind BNB’s rise came from two major listings.

Coinbase said it would list BNB on the BNB Smart Chain network and warned users not to send the token on other chains.

Likewise, about an hour later, Robinhood announced that it had also added BNB to its app for trading.

Basically, these two listings came on the same day and drew attention from retail traders. More access on large platforms means higher liquidity and easier trading, which can lift prices.

Many traders who could not buy BNB before can now do so directly on familiar apps. Polymarket also joined in by opening deposits and withdrawals for BNB.

BNB Deposits on Polymarket | Source: Changpeng Zhao

The platform’s prediction market showed that traders give BNB a 35% chance of reaching $1,500 this year. That number rose after the new listings were made public.

The quick reaction shows that access and visibility still matter in crypto markets. When coins appear on big platforms, they often see a wave of new demand.

In this case, BNB gained more attention in a short time, helping it outperform Bitcoin and other large tokens for the day.

Binance Coin (BNB) Price Still Needs to Hold Its Support Levels

While the short-term outlook looks better, analysts note that the BNB price needs to stay above $1,000 to keep its momentum.

A fall below that mark could lead to more selling. For now, buyers seem willing to defend that price level, which has become a strong base for the coin.

The market also shows signs that BNB is not oversold anymore. The RSI moving higher suggests that traders are buying again.

This means the earlier weakness might have been temporary.

If buying interest continues and trading volumes stay high on Coinbase, Robinhood, and Polymarket, BNB could keep rising.

A push above $1,211 would confirm a strong trend, and from there, $1,377 could be the next target.

Still, the market remains cautious. Crypto prices can move quickly, and BNB will need steady support from traders to maintain its gains.

For now, the listings have given the coin a clear advantage, helping it stand out from Bitcoin and other top assets this week.

Source: https://www.thecoinrepublic.com/2025/10/23/why-is-binance-coin-bnb-price-outperforming-bitcoin-today/