{"id":12584,"date":"2025-10-04T18:05:39","date_gmt":"2025-10-04T18:05:39","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bnb-coin-price-targets-1500-as-key-network-metrics-jump\/"},"modified":"2025-10-04T18:05:46","modified_gmt":"2025-10-04T18:05:46","slug":"bnb-coin-price-targets-1500-as-key-network-metrics-jump","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bnb-coin-price-targets-1500-as-key-network-metrics-jump\/","title":{"rendered":"BNB Coin price targets $1,500 as key network metrics jump"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The BNB Coin price continued its strong bull run this week, reaching its highest point on record. This performance may accelerate as key metrics improve.\u00a0<\/p>\n<div id=\"cn-block-summary-block_d08767c2a0e1e69a3c84e72d95edefe2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Binance Coin price continued its strong bull run this week.<\/li>\n<li>The number of transactions on the BSC Chain has soared this month.\u00a0<\/li>\n<li>The network will burn tokens worth over $1.2 billion soon.\u00a0<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Binance Coin (BNB) token jumped to a high of $1,190, up 478% from its lowest level in 2023. This surge has pushed its market capitalization to over $162 billion, making it the fifth-largest cryptocurrency in the industry.<\/p>\n<p>Third-party data shows that most metrics on the BNB Smart Chain have soared in recent months. For example, Nansen data shows the network had over 36 million active addresses, a 6.1% increase month-over-month.<\/p>\n<p>The data also shows that the number of active transactions on the network jumped by 65% in the past 30 days, reaching 413.7 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Meanwhile, data by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/bsc\" target=\"_blank\" rel=\"nofollow\">DeFi Llama data<\/a> shows that the total value locked in the ecosystem rose to $12.52 billion, up sharply from the year-to-date low of under $5 billion. The biggest players in the ecosystem are PancakeSwap, Lista DAO, Venus, and Aster.<\/p>\n<p>BSC\u2019s growth has led to a significant increase in the fees generated by the network. Network fees rose by 117% over the past 30 days to $24.5 million.<\/p>\n<p>The BNB price has also increased due to its deflationary nature, as token unlocks continue. The network will soon burn 1.4 million coins valued at over $2 billion. This is part of its strategy to reduce the number of coins in circulation from 139 million today to 100 million.<\/p>\n<h2 class=\"wp-block-heading\">BNB Coin price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Binance Coin price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The weekly chart shows that the BNB Coin price has surged in recent months. It has broken above key resistance levels at $1,000 and $791\u2014the highest point since November last year.<\/p>\n<p>The Binance Coin price has moved above all major moving averages. Additionally, the Average Directional Index (ADX) and the Average True Range (ATR) indicators have continued to rise.<\/p>\n<p>Therefore, the token will likely continue its upward trend as bulls target the key resistance level at $1,500. However, a move below the psychological level of $1,000 would invalidate the bullish outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The BNB Coin price continued its strong bull run this week, reaching its highest point on record. This performance may accelerate as key metrics improve.\u00a0 Summary Binance Coin price continued&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12584"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12584\/revisions"}],"predecessor-version":[{"id":12585,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12584\/revisions\/12585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6056"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}