BNB Hits Second ATH This Month, Crosses $1,300 Barrier – Is $1,500 Next?

Binance Coin ( BNB ) surged past $1,300 on October 6, 2025, marking its second all-time high within hours after initially breaking $1,200 earlier in the day, as the token flipped XRP to become the third-largest cryptocurrency by market capitalization.) October 7, 2025 CZ Admits Preferring X Over Binance Square Despite BNB Rally Amid these wild runs towards new ATHs, Changpeng Zhao admitted he personally prefers using X over Binance’s own social platform, Binance Square, despite the latter reaching 275 million users since launching in ￰2￱ cited security concerns as the primary reason, stating he likes to “ stay logged out on ￰3￱ when not making a transaction ” and can go months without logging ￰4￱ noted he uses X to reach the “non-Binance community” as the center of broader crypto ￰5￱ are a few reasons I use X more than Binance Square.

I like to stay logged out on ￰0￱ when not making a transaction, as a security policy. I go on for months without logging in. I like to reach non Binance ￰6￱ maybe I will switch back there ￰1￱ — CZ BNB (@cz_binance) October 4, 2025 The comments received mixed reactions, with critics questioning why the founder would not be active in his own ￰7￱ contrast with Elon Musk’s frequent posting on X since acquiring Twitter in 2022 stands out ￰8￱ concluded by saying he will “ maybe ” switch back to Binance Square in the ￰9￱ Market Rally Driven by Political Uncertainty and Institutional Demand Bitcoin’s surge past $126,000 was accompanied by over $1 billion in spot ETF inflows , including nearly $970 million from BlackRock’s iShares Bitcoin Trust, with trading volume up more than 20% from the prior ￰10￱ attribute the rally to the April halving, pro-crypto policies under the Trump administration, and Bitcoin’s appeal amid the political uncertainty caused by the government ￰11￱ yesterday, Strategy ￰12￱ a $3.9 billion unrealized gain on its 640,031 BTC holdings in the third quarter, with total fair value reaching $47.35 ￰13￱ today, VanEck’s Matthew Sigel stated that surveys indicate younger consumers are increasingly favoring Bitcoin for wealth preservation over ￰14￱ noted that around half of gold’s market value comes from its store of value role, and if Bitcoin captured half of that market, it would imply $644,000 per coin at today’s record gold price.

We’ve been saying Bitcoin should reach half of gold’s market cap after the next ￰15￱ half of gold’s value reflects its use as a store of value rather than industrial or jewelry demand, and surveys show younger consumers in emerging markets increasingly prefer Bitcoin… — matthew sigel, recovering CFA (@matthew_sigel) October 7, 2025 VanEck projects that Bitcoin could settle 10% of global trade by 2050, supporting a long-term price of $2.9 million per coin, equivalent to a $61 trillion market ￰16￱ Analysis Projects $1,500 Target Following Breakout Pattern Hourly chart analysis reveals BNB trading at $1,266.83 following a breakout from consolidation near $1,193, with upside targets of approximately $1,347 representing a 6.3% gain.) October 7, 2025 However, the pattern of escalating percentage gains assumes unlimited buying power and ignores profit-taking dynamics that typically emerge after substantial ￰17￱ has already delivered over 100% gains from recent bases around $600.

The $1,500 target represents approximately 18.5% upside from current levels around $1,266, requiring BNB’s market capitalization to reach above $208 billion and entirely surpass XRP and USDT to solidify its position as the third-largest digital ￰18￱ rally didn’t start overnight; BNB has recorded a price increase of over 99% in the past three ￰19￱ analysts believe FOMO could push BNB toward $1,500 as the next psychological target, although ecosystem developments and treasury buying may already be reflected in current ￰20￱ it stands now, BNB could continue toward $1,400-$1,500 if momentum extends, although consolidation between $1,200-$1,350 appears more likely as markets digest recent 100%+ gains from $600 bases.

A potential correction toward $1,100-$1,150 remains possible if profit-taking accelerates following the all-time high breakout, as the hourly chart’s balanced risk parameters contradict aggressive longer-term projections.