Binance Coin (BNB) has surged to a new all-time high of $900.71, breaking through resistance levels that had capped its price since 2021. The rally represents a significant milestone, with market expectations now shifting toward the $2,000 mark.
Binance founder Changpeng Zhao (CZ) added fuel to the bullish narrative by subtly endorsing community predictions of $2,000 through cryptic social media signals, including eye emojis under posts discussing the target. Technical models co-signed by CZ suggest interim price levels of $1,175 and $1,658, with an extended target of $2,140 if current momentum holds.
Fundamental strength underpins the rally. BNB spot inflows surged to $59.4 million, the second-highest since early 2025, while open interest in derivatives climbed to $1.5 billion. The Binance Smart Chain's Total Value Locked (TVL) hit a 3-year high of $13.4 billion, and active addresses have remained above 14 million for nine consecutive weeks.
Notably, BNB decoupled from broader market trends, maintaining upward momentum despite recent risk-off sentiment in crypto markets. Whale activity and accumulation-driven demand appear to be key drivers, though rising open interest warrants caution for potential volatile pullbacks during price discovery.