Key Insights:
- BNB price rose from under $600 to $839, supported by key MACD and RSI crossovers.
- BNB Chain’s TVL reached $13.4B with 14 million active addresses, showing growing adoption.
- From February to August 2025, BNB rose from under $600 to over $830, reflecting market strength.
Binance (BNB) is seeing bullish momentum, as its price trends upward, supported by an increase in total value locked (TVL) and the number of active addresses. As the price broke resistance, technical indicators suggest that it could continue its upward trajectory.
Fractal Pattern and Technical Indicators Suggest Growth
According to Bitcoinsensus, BNB has experienced a surge in price following a key MACD and RSI crossover, which resulted in a 182.96% price rise. A second crossover has occurred, leading the analyst to believe that a similar price movement could follow.
The coin has shown consistent price growth over the past few months, with its price now sitting at $839.12. The chart setup and technical indicators suggest that BNB may continue its bullish trend in the coming weeks.
The breakout from key resistance levels further supports this outlook. Bitcoinsensus started that BNB has broken essential resistance levels, and this pattern could indicate more gains ahead.
BNB Chain’s TVL Reaches New Heights
However, strong fundamentals also support BNB’s bullish trend. Since 2022, the BNB Chain’s total value locked (TVL) has reached a new high of $13.4 billion. The increase in TVL is a key indicator of the blockchain’s growing adoption and usage.
In addition, the number of active addresses on BNB Chain has reached 14 million, a streak maintained for nine consecutive weeks. These metrics are seen as a positive sign for BNB’s future prospects.
CryptoRank.io noted that the increase in TVL and the sustained activity from users show that the BNB Chain is growing. With such growth, the strength of the BNB token is further supported by its underlying ecosystem’s activity.
Binance Coin Price Continues to Climb
Notably, over the past several months, BNB’s price has steadily risen from under $600 in February 2025 to over $830 by mid-August 2025. This upward movement is part of a broader market recovery for BNB, with sharp price increases observed in June and early August.
As of press time, the live BNB price was $831.26, with a 24-hour trading volume of $2.959. BNB is down 1.58% in the last 24 hours. The coin’s consistent growth reinforces its potential for further appreciation if current trends persist.
Despite recent minor setbacks, BNB remains just 3% below its all-time high, reflecting its ongoing strength in the market.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/bnb-price-upside-tvl-reaches-13-4b/