Price Analysis

BNB Price Targets $1,000 as CZ Brings Adoption to Binance Chain

The BNB price could surge to over $1,000 later this year as CZ commits to mass adoption and as the coin forms a cup and handle chart pattern.
Published by
BNB Price Targets $1,000 as CZ Brings Adoption to Binance Chain

Highlights

  • BNB price surged after CZ committed to boost mass adoption in the Binance Chain.
  • BSC Chain also updated the community on the top priority areas for this year.
  • The cup & handle pattern points to more gains, potentially to $1,000 this year.

The BNB price had a strong performance this week after the developers unveiled more ambitions for 2025. Binance Coin also surged after Changpeng Zhao (CZ) launched his meme coin, and after a judge agreed to a 60-day stay on a long-running case between the SEC and Binance. These actions, together with its cup and handle pattern points to a surge to $1,000.

Advertisement

BNB Price Boosted by CZ’s Brings More Adoption to Binance Chain

The BNB price is having a good week as activity in the ecosystem rises. One catalyst was CZ’s commitment to boost its network activity and ecosystem growth. This happened after CZ unveiled his dog, Broccoli, which led to more activity in the network. 

CZ then agreed with a user who said that meme coins were time bombs and recommended that the network focus on giving incentives to teams building utility coins. The user said:

What made people leave the chain back when it was BSC was exactly all the rugs and scams, at one point it was unbearable. We already have that in other chains, we definitely don’t need more of it. Theres so much that can be done and built. We don’t need more memes.”

Increased adoption will benefit the value of BNB since users will need the token to pay transactions. A good example of this is Solana, which has done well because of its strong ecosystem growth. 

Advertisement

BSC Chain Priorities for 2025

His statement came two days after the BSC Chain unveiled its priority for 2025. In an X thread, the developers noted that the key areas will be increasing transaction speeds so that it can get to 100 million transactions per day, introducing more AI features, reducing MEV, and allowing gasless transactions.

BNB Chain priorities

Further, the growing network activity increased Binance coin burn rate, and higher fees pushed the BNB staking yield to 103%, making it the highest-yielding crypto. 

These priorities will likely help the Binance Chain ecosystem do well. For example, PancakeSwap has overtaken Uniswap, Raydium, and Meteora in weekly transaction volume. It handled $21 billion worth of transactions compared to Uniswap’s $17 billion and Raydium’s $16 billion. 

Further, a judge in the US agreed to a request by Binance and SEC to pause proceedings in a long-running case.

Advertisement

Binance Coin Price Analysis: C&H Points to More Gains

The BNB price has more upside as it has formed a cup and handle pattern on the weekly chart. This pattern has three key sections: a rounded bottom, a top, and a handle. 

The upper side of this cup was at $661, its highest level in October 2021 and June last year. It then formed a rounded bottom whose bottom was around the $200 level. The coin has now been forming the handle section, meaning that a complete breakout could happen soon. 

This C&H had a depth of about 70%. Therefore, measuring the same distance from the upper side means that the coin may surge to $1,147. 

BNB Price Chart

However, the rebound to this Binance coin price forecast may take time to happen since this is a weekly chart. For example, the handle section took about two months, while the cup section took three years to form.

A drop below the handle section at $403 will invalidate the bullish BNB price outlook as it will cancel the C&H pattern. 

Frequently Asked Questions

Will the BNB price surge to $1000 as CZ brings more adoption to Binance Chain?

BNB token has more upside amid hopes of more mainstream adoption and even meme coin growth. It has also formed a cup and handle pattern pointing to more gains this year.

How high will the Binance coin price get?

Technicals suggest that the Binance coin price may surge to over $1,100 in the coming months since it has formed a C&H pattern. A surge to that point will be confirmed if it rises above $1,000.

What are the top catalysts for the Binance token?

The top catalysts that may push the token higher are its growing ecosystem, cup and handle pattern, and robust staking yield.
Share
crispus

Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025

XRP price has stayed in the spotlight, pushing through mixed phases while holding steady above…

September 6, 2025
  • Price Analysis

Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition

Chainlink price has been carving a path of resilience, supported by steady inflows and consistent…

September 6, 2025
  • Price Analysis

Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut

Cardano price is eying a 30% surge in the coming weeks after forming a highly…

September 5, 2025
  • Price Analysis

ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?

Ethereum ETF products have gained increased attention as the market observes new institutional entries. At…

September 5, 2025
  • Price Analysis

Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?

Bitcoin price has continued to draw attention as the market reacts to fresh catalysts. At…

September 5, 2025
  • Price Analysis

ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?

At press time, ONDO trades at $0.9083, marking a 5.2% drop in the past day.…

September 5, 2025