BNB Hits $865 ATH, Eyes $1,000 Target

Binance Coin (BNB) surged to a new all-time high of $865, bringing its market capitalization above $120 billion and positioning the asset within striking distance of the $1,000 mark. The rally follows a steady recovery from the $550–$600 support range earlier this year, with the past week alone seeing a 13% gain.

Network activity is rising alongside price strength, with active BNB addresses surpassing 1.44 million, signaling growing engagement during the rally. Technical indicators point to continued momentum, supported by past consolidation patterns that often precede strong upward moves.

Immediate support sits at $793–$800, while further buying pressure could drive BNB toward the $950–$1,000 range. Analysts note that the asset’s multi-year bullish structure and recent breakout align with a potential push into four-digit territory if momentum persists.