BNB price surges 600% from bear market lows, next target is $1,980

C.Z 2025-10-18 06:15 99097人围观 BNB

The cryptocurrency landscape is changing significantly, with BNB price standing out among the top ten cryptocurrencies by market capitalization. Binance Coin has surged 30% over the past week, with the price hitting an all-time high just under $1,350. The

The cryptocurrency landscape is changing significantly, with BNB price standing out among the top ten cryptocurrencies by market capitalization.

In the past week, Binance Coin A 30% surge saw the price hit an all-time high just under $1,350. The rally represents a 600% price increase from the last bear market low.

Binance Coin Becomes Third Largest Cryptocurrency

The recent momentum is particularly noteworthy as BNB price looks set to break above the $1,300 mark, acting as new support for further gains, having retreated just 2% from its peak after setting a new all-time high on Tuesday.
This slight pullback indicates a lack of sustained selling pressure , and hinted that there is still potential for further gains in the future. If this trend continues, analysts are eyeing new price targets for BNB.
The upward trend also saw BNB overtake XRP and Tether’s USDT to regain its position as the third largest cryptocurrency, behind Ethereum (ETH) and Bitcoin (BTC).

This is partly due to CEA Industries Inc., which recently Announce Over $600 million worth of BNB has been acquired, holding 480,000 tokens at an average cost of $860 each.

CEA’s ambition is to become a major player in the BNB ecosystem and its roadmap also emphasizes this goal, with plans to own 1% of the total supply of Binance Coin by the end of this year.

David Namdar, CEO of CEA Industries, commented on the recent surge, saying: “BNB’s all-time high is clear evidence that global markets are realizing the inherent value, credibility, scale and utility of this asset and its underlying ecosystem. ”

The company’s CEO further emphasized that Binance Coin should not be viewed as just a token, but as a core component of a “highly integrated network.”

BNB Price Eyes Fibonacci Targets of $1,486 and $1,983

Market expert Lark Davis also weighed in on the cryptocurrency rally on social media site X (formerly Twitter) bullish sentiment , he noted that BNB is now firmly in price discovery mode, which could lead to further significant gains as expected demand continues to grow.

According to expertsanalyze , the next major Fibonacci targets for BNB price are set at the 2.618 level at $1,486 and the 3.618 level at $1,983, indicating a strong possibility of continued upward momentum.

This means that if this happens, BNB price could rise by a further 14% in the coming months, or a massive 52% increase if it breaks $1,900.