BNB Network Activity Hits Record High as Price Targets $1.5K

CryptoQuant's latest report reveals that the Binance Smart Chain (BSC) network achieved an all-time high of 3.62 million daily active addresses, signaling robust growth in user engagement. This milestone, recorded on October 13, 2025, follows a price rally that began in June and accelerated after mid-September, with BNB peaking at $1,311 on October 8th.

Analysts highlight a strong correlation between network activity and price performance, noting that since September 2025, BNB's price and active addresses have moved in lockstep. The price surge likely triggered a FOMO effect, drawing new users to the ecosystem. However, maintaining active addresses above 3 million is critical; a drop below this level could indicate a local top and increase correction risks.

Technically, BNB has held key support at $1,085.7, confirming a breakout and setting the stage for a potential 27% rise to $1,520.8. Market experts, including JavonTM1, emphasize that this support level reinforces bullish momentum, with volume patterns and trend alignment supporting continued strength. The sustained network activity bolsters confidence in BNB's fundamental outlook, aligning with its position as a top-performing large-cap asset.