BNB price surges to record highs, hitting $1,240!

Jakarta, Pintu News – The crypto market has once again been surprised by the rise in the price of Binance Coin (BNB), which reached a new record high of $1,240. This increase was driven by several important factors which will be discussed further in this article.

BNB Chain and Chainlink Strategic Partnership

In the last 30 days, Binance Coin (BNB) has recorded an impressive price increase of 41%. The main driver of this rise is the partnership between BNB Chain and Chainlink (LINK), which is one of the leading oracle providers in the market. The partnership was announced via social media platform X (formerly Twitter), where Chainlink revealed that BNB Chain has adopted their data standards to make official US economic data available on-chain.

Data sourced from the Bureau of Economic Analysis will enable Chainlink Price Feeds to deliver important macroeconomic indicators directly to BNB Chain. These indicators include key metrics such as Gross Domestic Product (GDP), Personal Consumption Expenditure (PCE) Price Index, and Real Final Sales to Private Domestic Buyers.

Chainlink states that the availability of this kind of data opens up a whole new set of possibilities for developers, enabling the creation of new digital assets, prediction markets that utilize transparent economic inputs, and perpetual futures markets based on official government statistics.

Also Read: 5 Ways to Check Crypto Wallet: Monitor Assets & On-Chain Activity in Real-Time

BNB Price Projection: Towards $1,500

A market expert known as Crypto King has voiced optimism towards BNB’s price trajectory, suggesting that the token is showing a clear upward momentum trend.

He identified three significant breakout phases: one in July that sparked a strong rally, a second in September, and the current breakout that is believed to be building towards a new record. Crypto King has set an ambitious target of $1,500 for Binance Coin, suggesting that this structural rise is not something random.

Comparison with Other Cryptos and Potential Correction

Although Binance Coin (BNB) is performing impressively, not all market analysts share the same view. Another expert, known as Crypto Claws at X, has issued a cautionary note, warning that if the current momentum subsides, a correction towards the $700 range in December could be possible.

This scenario would imply a potential decline of 43% for the BNB price, raising concerns about the token’s technical structure and the likely pullback required before the next significant bullish leg.

Conclusion

Binance Coin’s (BNB) recent rise to record highs shows the huge potential in the crypto market. The partnership with Chainlink and optimistic price projections from experts add to the evidence that BNB may not have reached its peak yet. However, investors should still be wary of potential corrections that could occur as part of normal market dynamics.

Also Read: 5 Coin Memes Predicted to Explode After Bitcoin Breaks $125,000

Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. BNB Price Hits $1240 Record High, Partners with Chainlink for On-Chain US Economic Data. Accessed on October 8, 2025