Analysts note rising on-chain activity and support near $1,120, signaling its renewed upside amid strong network engagement and accumulation.
Binance Coin is holding a strong bullish trend, rebounding from $600 to $1,300 while maintaining support along its ascending trendline.
BNB Maintains Bullish Structure Despite Market Volatility
Binance Coin has continued to maintain its upward trajectory, remaining above the key $1,100 support zone despite recent fluctuations. The asset has shown resilience, with the chart indicating a clear trendline that has guided its price growth from $600 to a high of $1,300.
Analyst BATMAN noted that the consistent respect of this ascending trendline has historically marked strong reaccumulation points, supporting sustained bullish momentum during previous rallies.
BNBUSDT Chart | Source:x
According to the chart, the price recently revisited this trendline, coinciding with a bullish Fair Value Gap (FVG) and a former resistance-turned-support level. This intersection presents a technical area where buyers may look to regain control.
The price pattern suggests that if the asset maintains its stance above this diagonal trendline, a recovery toward the $1,120 zone could set the stage for another upward extension. The structure points toward continuation potential in the long-term uptrend, reflecting sustained market confidence in the token.
BSC Activity Surges to New Record Highs
On-chain data indicates an unprecedented rise in activity across the Binance Smart Chain (BSC), correlating closely with recent price action. Analyst Kamran Asghar reported that BSC achieved an all-time high of 3.62 million daily active addresses on October 13, 2025. This development reflects growing user engagement and heightened transaction flow within the network.
BNB Chart | Source: x
The surge in activity follows a strong price rally, which reached a local peak of $1,311.71 before consolidating near $1,212. The analyst noted that rising DeFi and blockchain activity is driving network engagement and sustaining its market demand. The ongoing activity growth reinforces the perception that BSC is experiencing broad-based adoption across multiple ecosystem segments.
On-Chain Metrics Support Broader Ecosystem Strength
Data from CryptoQuant AI shows that the rise in active BSC addresses corresponds with periods of increased price momentum. As network activity surpassed the three million mark, price acceleration followed, pointing to a close relationship between user participation and asset valuation. This connection indicates that active network engagement continues to serve as a key driver in maintaining market stability.
Historical trends reveal that prior spikes in daily active addresses have often preceded price advances, signaling that increased network usage contributes to ecosystem sustainability. Sustained BSC activity above three million could establish a stable baseline supporting its value during pullbacks. The data suggests that network growth is evolving beyond speculative interest, anchored by expanding on-chain utility.
Binance Coin Price Stabilizes Above Key Support Zone
At press time, the asset trades at $1,150.54, reflecting a 1.44% decline in the last 24 hours. The token’s market capitalization stands at $160.08 billion, supported by a 24-hour trading volume of $4.38 billion.
The recent pullback from the $1,160 region to around $1,040 marked a swift intraday correction before the price rebounded. This movement indicates that buyers continue to defend lower levels, keeping the broader bullish structure intact.
BNBUSD 24-Hr Chart | Source: BraveNewCoin
If the asset maintains momentum above the $1,120–$1,140 support range, it may retest resistance near $1,180 in the short term. Sustained accumulation and rising trade volume around this zone could further strengthen its recovery pattern.
Conversely, a breakdown below $1,100 may expose the asset to the next demand region near $1,040, where the last rebound originated. Overall, the price structure suggests that the ongoing stability above $1,100 coincides with BSC’s expanding network growth, creating a foundation for continued ecosystem development.