Invezz
2026-01-05 15:58:36

BNB price eyes $1000 ahead of Fermi hard fork on BSC mainnet

Binance and BNB Chain ecosystem’s native cryptocurrency has continued its upward trajectory in the past 24 hours, gaining to above $900 as the crypto bounce in the early days of 2026 picks up momentum. With Bitcoin and Ethereum also up, it appears the psychologically significant $1,000 mark could be attractive to bulls. BNB price hovered near $905 at the time of writing, having posted intraday gains between $885 and $907. The token’s price may benefit from broader market conditions as well as strong ecosystem fundamentals . Fermi is a major network upgrade coming in the next few days. Fermi hard fork targets faster blocks An upcoming network upgrade could provide near-term support for BNB price action, with the Fermi hard fork scheduled to go live on the BNB Smart Chain mainnet on January 14, 2026. According to the latest details, the Fermi upgrade marks one of the most significant technical changes to the network in recent years. A key feature of the hard fork is a reduction in block times to 450 milliseconds from 750 milliseconds, a shift aimed at improving transaction throughput and confirmation speeds. The shorter block times are expected to enhance overall network performance, with potential benefits for decentralized finance activity, including faster and more efficient trading on BNB Smart Chain–based protocols. “This upgrade brings faster confirmations across the network. Validators and builders should complete the required upgrades before activation,” the BNB Chain Developers wrote on X. Additional enhancements will include optimised execution efficiency and a refined consensus mechanism. BNB Chain is also eyeing a lightweight indexing system to lower node resource requirements. The hard fork is part of the network improvements that drove transaction volume and user interaction for the blockchain network in 2025. As a catalyst for increased adoption, mainnet activation could tie in with milestones in the 2026 roadmap . BNB Chain @BNBCHAIN · Follow Last week in numbers for BNB Chain: 🔸 4.3M+ average DAU🔸 117M+ transactions🔸 $10.4B+ in TVL🔸 $41.2B+ in trading volume2026 Tech Roadmap, 0 Fee Carnival extension, Fermi Hard Fork and more.Catch the full update 👇 bnbchain.org/en/blog/bnb-ch… 5:30 am · 3 Jan 2026 200 Reply Copy link Read 119 replies BNB’s approach to $1,000 will accelerate amid these developments, and the all-time high of $1,370 reached in October stands as the next major target. BNB price outlook: bulls eye gains towards $1000 BNB has demonstrated remarkable resilience in recent weeks. In mid-December, as bears pushed BTC under $84,500, the Binance Coin price fell to $820. However, with buyers helping to steady Bitcoin, BNB has found a fresh footing and climbed to above $900. BNB price chart from CoinMarketCap. Per CoinMarketCap, the altcoin’s value was up 2% in the past 24 hours and nearly 7% in the past week. By hovering around $905, the Binance ecosystem coin has flipped to levels last seen on December 13, 2025. The latest bounce, which came as BTC traded to highs above $93,500, happened amid a 27% spike in trading volume. Data showed the volume stood at over $2.1 billion. BNB’s market capitalisation was at over $124 billion, with the token holding onto its position as the fifth-largest cryptocurrency by market cap. A bullish move above $900 may see buyers target $1,000. Broader crypto market recovery and institutional interest, which increased in the latter months of 2025, will drive fresh gains. The regular token burns have also reduced supply, creating a deflationary effect that supports price appreciation. The post BNB price eyes $1000 ahead of Fermi hard fork on BSC mainnet appeared first on Invezz

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