BNB Surges 10% – Is a Major Rally to $1,000+ Coming?

Binance Coin (BNB) has seen a strong 10% surge in the last 24 hours, currently trading at $640. With growing BNB Chain adoption, Binance incentives, and bullish technical indicators, analysts believe BNB could be set for a massive rally.

BNB’s 2025 Bull Run: Can It Repeat 2021?

Crypto analyst Elja recently shared a technical analysis comparing BNB’s current price action to its 2021 bull run. According to his analysis, BNB is following a similar pattern, which suggests:

• BNB will continue rallying in Q1 and Q2 2025
• BNB is expected to break $1,000 in June 2025
• Peak price of $2,000 per BNB projected for July 2025

BNB is mirroring its 2021 bull cycle. If history repeats, we are about to see a major rally!

BNB 2021 🤝 BNB 2025

Bottom ✅

Capitulation ✅

It’s time for a big rally now 🚀@cz_binance believes in BNB
So do i.
What about you? pic.twitter.com/xgryi8ucxT

— Elja (@Eljaboom) February 9, 2025

CoinCodex’s BNB Prediction: A More Conservative Outlook

At CoinCodex, we also maintain a bullish outlook on BNB’s price but with a more conservative target. Our forecast estimates that BNB will peak above $1,000 in May 2025, which we believe could mark this cycle’s top.

BNB Price Predictions:

• May 2025: BNB surpasses $1,000, reaching its projected peak
• July 2025: Possible extended rally depending on market conditions and demand

What’s Driving BNB’s Price Surge?

BNB’s recent gains aren’t just fueled by technical factors—there are multiple catalysts behind its rally:

Binance Launchpool Projects

Binance’s Launchpool initiatives continue to generate excitement, providing users with new token farming opportunities. The most recent project, BIO, saw a strong response from investors, reinforcing BNB’s utility and demand.

Binance HODLer Airdrops

Binance has been rewarding long-term BNB holders with exclusive airdrop distributions. The latest Berachain airdrop further incentivized users to hold and accumulate BNB, reducing circulating supply and increasing demand.

BNB Chain Activity & Adoption

BNB Chain continues to expand rapidly, with rising adoption and strong on-chain metrics supporting its long-term growth. According to the latest Messari Q4 2024 report, BNB Chain saw:

• 45% increase in daily active addresses – Signaling stronger user engagement.
• 32% growth in total transactions – More activity means higher demand for BNB.
• Record-breaking TVL (Total Value Locked) – Indicating growing DeFi and dApp adoption.
• Expansion of GameFi & NFT projects – More developers are launching on BNB Chain.

With more projects being deployed and transactions increasing, BNB’s utility as a gas token and ecosystem driver continues to strengthen. This rising adoption reduces circulating supply and fuels long-term price appreciation, reinforcing BNB’s bullish outlook heading into 2025

Final Thoughts: Is BNB Ready for $1,000+?

With BNB’s recent breakout, analysts remain optimistic that it will continue its bullish momentum. While Elja’s analysis projects a potential $2,000 peak in July, CoinCodex’s forecast remains more cautious, predicting a $1,000+ top in May 2025.

Source: https://coincodex.com/article/62652/bnb-surges-10-is-a-major-rally-to-1000-coming/