Will Binance Coin Break Past $1,000 Next?

BNB continues to attract attention after surging to a new all-time high (ATH) of $809 on July 23. While short-term profit-taking caused a minor pullback, bullish momentum remains intact — and investors are now asking: Can BNB hit $1,000 next?

BNB Price Action – July 2025 Overview

BNB started the month at $646.31. In the first week of July, it consolidated between $643.58 and $664.64 — a narrow band suggesting accumulation.

But on July 9, BNB broke above resistance with a 1.24% gain, kicking off a sharp uptrend. Between July 9 and 22, the token climbed by over 19%, forming a strong pattern of bullish daily candles.

On July 23, BNB momentarily touched $809, setting a new record. It later pulled back slightly, closing the day at $786.73. Since then, the token has dipped just 0.74%, and is now trading around $781.61 — still within striking distance of its ATH.

Can BNB Reach $1,000?

From a technical perspective, BNB continues to trade within a rising price channel on the daily chart. This structure suggests a bullish long-term trend is still in play.

• Key Resistance: $809 — the current ATH
• Key Target: $1,000 — a psychological milestone and potential breakout zone

However, momentum indicators like RSI and MACD suggest slightly cooling buyer enthusiasm, which may delay further upside unless new catalysts emerge.

Analyst Note: According to crypto market analyst Daniel Weller,

“BNB’s climb past $800 marks institutional conviction. A clean break above $809, on high volume, could open the path to $1,000.”

Key Support Levels & Risk Assessment

Despite bullish sentiment, BNB faces short-term risks if support levels break.

• 50-Day SMA: $678.96
• 50-Day EMA: $694.07
• Short-Term Support: $743 (July 24 daily low)

Currently, BNB trades ~12.42% above its 50-day EMA, a sign of extended momentum. However, if price slips below the $743 support or the 50-day SMA, seller confidence could grow, especially amid broader market pullbacks.

Risk Note: February’s BNB correction — triggered by sudden whale selling — remains fresh in traders’ minds. While sellers are active again, current pressure appears muted in comparison.

Institutional Demand is Fueling the Rally

Recent on-chain data from ChainLens.io and WhaleTrack shows aggressive accumulation by institutional players.

• Windtree Capital: Invested $520 million, with 99% allocation to BNB
• Nano Labs: Acquired $90 million worth of BNB in a single week

These moves highlight growing confidence in BNB’s long-term value proposition, especially as Binance expands its BNB Chain ecosystem into AI, DeFi, and real-world asset tokenization.

“Institutional buying adds both price stability and upside pressure,” says blockchain strategist Maya Chen. “These investors aren’t flipping tokens—they’re positioning for the future.”

Bottom Line: What to Watch Next

BNB’s price trajectory remains bullish — but a breakout above $809 is essential to unlock further upside.

Key Factors to Monitor:

• Institutional wallet activity on-chain
• Trading volume near resistance zones
• Broader crypto market sentiment
• Regulatory updates impacting BNB Chain projects

If BNB successfully clears $809 with strong volume, the $1,000 target becomes plausible — and may even lead to speculative discussions of $1,200 or more.