Key Insights:
- BNB has surged over 50%, reaching a new all-time high of nearly $1,300.
- Analysts predict BNB could rise 51%, targeting a price near $1,500 soon.
- Binance Coin surpasses XRP, becoming the third-largest cryptocurrency by market cap.
Binance Coin (BNB) continues to exhibit strong upward momentum, with analysts predicting a potential gain of 51%, which would bring the price close to $1,500. The cryptocurrency has recently surpassed Ripple (XRP) to become the third-largest digital asset by market capitalization, signaling a significant shift in the market.
Surge in BNB Price and Market Position
BNB price has surged by over 50% in the past month, reaching a new all-time high of nearly $1,300. As of October 7, 2025, its market capitalization has reached approximately $180 billion. BNB’s recent price surge has propelled it to new heights, surpassing XRP in market value. This places BNB behind only Bitcoin (BTC) and Ethereum (ETH) in terms of market value.
The rise in BNB’s price has also led to a significant increase in the wealth of its creator, Changpeng Zhao (CZ). CZ, the founder of Binance, is now ranked as the 21st richest person globally, with an estimated net worth of almost $90 billion.
Zhao has expressed skepticism about these numbers, stating, “I don’t believe this is accurate (way too high). I also don’t think it matters. What matters is how many people we can help, and by how much.”
Analyst Predictions and Target for $1,500
However, Crypto analysts believe that BNB is poised to continue its bullish trend. Some predict that the coin’s price could reach $1,500, a 51% increase from its current price. According to Crypto King, BNB’s consistent breakout pattern in the past has pointed to this target as evidence that it is within reach.
The trend speaks for itself, referring to BNB’s previous gains of 27% and 29% during earlier breakouts. While some analysts are confident in BNB’s potential for further gains, LAXMAN, a crypto analyst, recommended that investors consider taking profits.
Despite the caution, many still believe BNB could have room for growth, potentially reaching higher levels in the future. He pointed out that while further development is possible, a price increase to $5,000 seems unlikely at this stage. The live BNB price today is $1,278 with a 24-hour trading volume of $9.618 million. BNB is up 4.87% in the last 24 hours.
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-shows-strong-bullish-with-51-gain/