BNB , the native cryptocurrency of the Binance ecosystem, has broken through the $1,000 mark for the first time ever, setting a new all-time high on September 18. The coin gained 4.68% in the past 24 hours, easily outpacing the broader crypto market’s 1.39% increase. Over the last week, BNB is up 11.45%. BNB 1-day price chart. Source: Finbold The surge was driven by a mix of technical, ecosystem, and institutional forces. From a technical perspective, BNB cleared the key Fibonacci resistance at $952.11, backed by a bullish MACD divergence. Notably, the breakout ignited algorithmic buying and short-covering, with the move amplified by BNB’s low turnover ratio of just 2.96%, which means even moderate volumes can move the price sharply. On the fundamentals side, momentum is building across the BNB Chain. The recently deployed Maxwell upgrade, which cut block times to 0.75 seconds, has accelerated throughput, while the auto-burn mechanism continues to tighten supply. These features, combined with an expanding dApp ecosystem, have made BNB increasingly attractive to long-term holders. Institutional flows added further weight. Corporate treasuries such as Windtree Therapeutics disclosed $520 million in BNB purchases, strengthening the perception that major players are starting to treat BNB as a reserve-style digital asset. BNB price analysis At current levels, resistance lies at the 127.2% Fibonacci extension ($1,040.40). A sustained close above the recent swing high of $993.13 would confirm continuation toward that target. Overbought RSI conditions suggest caution, but the 30-day trend (+18.92%) points to structural demand. Renowned on-chain analyst Ali Martinez noted that BNB’s momentum could carry even further, with a potential upside target of $1,300 in the weeks ahead. That would mark a $300 price increase from the digital assets current price. The post BNB rockets to $1,000 all-time high appeared first on Finbold .
