BNB surged to a new all-time high of $1,114.67 after a short squeeze and BNB Chain fee cuts, driving a 6% daily rise and lifting market capitalization above $154 0 rally was supported by higher user activity, DEX inflows and growing institutional 1 reached $1,114.67 after a short squeeze and network fee reductions Daily trading shows BNB up 6.1% and weekly gains of 17.2% (CoinGecko data cited as source text) BNB market cap exceeds $154 billion; monthly active users doubled and daily transactions rose tenfold (Animoca Brands report, cited as source text) BNB surge: BNB reaches $1,114.67 after fee cuts and short squeeze; learn why network upgrades and institutional demand pushed market cap past $154B — read 2 caused the BNB surge to an all-time high?
BNB surge to $1,114.67 was driven by a short squeeze, lowered transaction fees on BNB Chain and rising institutional demand, which together boosted trading and on-chain 3 sentiment turned bullish after a breakout above $1,084, lifting short-term targets and increasing liquidity 4 did fee cuts and short squeezes drive BNB’s rally? Fee cuts to roughly $0.005 per transfer on BNB Chain reduced friction for users and developers, accelerating network 5 $7.7 million in short positions were liquidated in the move, amplifying a short squeeze that compressed supply and pushed prices higher, according to industry analysts. , "description": "BNB surge to $1,114.67 driven by short squeeze, reduced BNB Chain fees and rising institutional demand; market cap tops $154B.", , "publisher": Why does on-chain activity matter for BNB price?
Front-loaded on-chain metrics show user and transaction growth precedes sustained 6 Chain monthly active users doubled to over two million and daily transactions rose from 1 million to 10 million in the past year, signaling deeper product-market fit and increased utility for the 7 role did projects and DEX activity play? Projects like Aster and PancakeSwap increased capital and user 8 supply on the chain rose by nearly $2 billion (about 17%) over two weeks, supporting liquidity for swaps and futures and strengthening BNB’s utility as a settlement and staking asset. , Frequently Asked Questions How high can BNB go in the short term? Analysts cited short-term upside near $1,200 after the breakout, contingent on continued demand and support holding between $1,000–$1,084.
Momentum indicators like RSI suggest short-term pullback risk, so targets may be tested on 9 provided the market commentary on this rally? Market commentary in this report includes quotes from Dean Chen (analyst at Bitunix) and Illia Otychenko (Lead Analyst at CEX. IO). Network data references an Animoca Brands report and market pricing references CoinGecko as source 10 Takeaways Price action : BNB reached $1,114.67 and led top-10 gains, up 6.1% on the day.
On-chain fundamentals : Monthly active users doubled; daily transactions increased tenfold, supporting network 11 guidance : Watch the $1,000–$1,084 support zone and monitor RSI for pullback signals before adding 12 BNB’s surge reflects a mix of compressed short positions, meaningful fee reductions on BNB Chain and growing institutional interest, lifting market cap above $154 13 should weigh improved network fundamentals against technical indicators and regulatory 14 continuing coverage and data-driven updates, follow COINOTAG’s analysis and market briefs. , Published: 2025-10-03 · Updated: 2025-10-03
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