- BNB broke $690 resistance, signaling a potential 320% upward move.
- Binance leads spot trading with $698 billion volume dominance.
- Analysts view $1,000 as the next milestone before $3,000 target
Binance Coin (BNB) is drawing growing attention from traders as momentum builds on technical charts. According to TradingView data, BNB recently broke past a long-standing resistance level near $690.
The move signaled bullish strength and opened the possibility of a larger upward run. Technical charts suggest that the breakout could lead to a projected 320% rally. If achieved, this would place BNB near the $3,000 mark, entering uncharted price territory.
Crypto analyst Crypto Patel stated that his focus remains firmly on the $3,000 target. He noted that such a milestone would shift BNB investors from early adopters to participants in crypto history. The token has established a series of higher lows, supported by volume, further strengthening confidence in the current trend.
Binance Leads Centralized Exchange Market
BNB’s momentum coincides with Binance’s continued dominance in global trading activity. CoinGecko Research reported that total spot trading volume across the top ten exchanges reached $1.8 trillion in July 2025.
Binance led with $698 billion, representing nearly 40% of the centralized exchange market share. The data also showed a 61% increase in Binance’s monthly volume compared to the previous period, positioning the platform more than 4.5 times larger than its nearest competitor.
Analyst Ali Martinez observed that Binance’s scale provides deeper liquidity, tighter spreads, and reduced slippage. These advantages attract both institutional and retail participants, ensuring that the largest flows of capital continue to move through the exchange.
Analysts Highlight Next Price Milestones
Market analysts are now monitoring BNB’s next key price targets. Current charts indicate strong bullish momentum supported by steady volume inflows.
Crypto Rand noted that a move toward the $1,000 range is the next logical target. The same analysis suggested that a new all-time high could follow if buying pressure persists.
This view aligns with the breakout pattern identified on TradingView. The consistent upward movement and support levels highlight renewed investor confidence in the asset. If momentum continues, analysts believe BNB could set the stage for one of the market’s most notable rallies.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
