Jakarta, Pintu News – Binance Coin (BNB) recently recorded an impressive rise by reaching a price of $832, a peak that hasn’t been seen since 2021.
This rise was driven by a significant increase in the number of active addresses by 37% in the last month, surpassing the growth of Solana (SOL) and making BNB the fifth largest crypto asset. The big question for investors now is whether BNB is ready to dominate the market and reach new record highs?
The Maxwell update launched on June 30 has brought improved validator coordination, reduced block times, and higher throughput. This has transformed the user experience and is likely the driver of the 37% increase in active addresses.
Data from Nansen shows that this is one of the largest increases among other large chains. In addition, trust from institutions is also increasing.
Windtree Therapeutics recently purchased BNB to keep in their coffers for a total of $520 million, and NASDAQ-listed Nano Labs added around 128,000 tokens to their vault for around $108 million.
Also read: Ethereum (ETH) Price Approaches $4,000, Signaling a Price Rise?
In the last 48 hours, Binance Coin (BNB) managed to cross the $750 resistance and managed to push the value above $800. Currently, the coin is trading at $832 and is less than 3% away from reaching a new record high of $859.59 recorded about 12 hours ago.

With this, the next key point is at the $900 mark, after which the $1,000 psychological target will come into focus. The RSI indicator is at 70.34 (overbought) and continues to rise, while the uptrend on the MACD is confirmed as the blue line crosses the orange signal line.
Also read: BTC, ETH, and XRP Price Predictions for Early August 2025, Bullish or Bearish?
With bullish on-chain fundamentals, strong institutional support, and positive momentum on the charts, BNB will likely be a good buy to attempt the $900 level.
Increased whale activity and institutional involvement could also push the price past $1,000. However, any sign of reversal could lead to a pullback to the $750 level in no time. Investors should monitor market indicators and news to make informed decisions.
With all indicators pointing to positive potential and strong support from institutions, Binance Coin (BNB) has everything it needs to reach and even exceed its $1,000 price target. This is an exciting time for investors considering adding BNB to their portfolio.
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