Binance Coin Soars 35% to $850 as Altcoin Market Surpasses $1.54 Trillion, Analysts Target $1,187

Binance Coin (BNB) has surged 35% over five weeks, reaching an all-time high of $850 on July 28, 2025, as bullish momentum and market fundamentals drive speculation about its future price trajectory. The token has outperformed Bitcoin, which has shown stalled momentum, and is now positioned as a key player in the evolving cryptocurrency landscape. Analysts and technical indicators suggest a potential path to $1,187 and beyond, though risks and uncertainties remain inherent to the volatile market.

CryptoQuant analyst Joao Wedson has highlighted that the BNB/ETH ratio, currently at 0.25, suggests BNB is undervalued relative to Ethereum and far from historical peak levels. He argues that a $1,000 price target may be conservative given current trends, emphasizing the token’s strong performance on the Binance exchange and growing investor demand [1]. Technical analysis further supports this outlook. The Relative Strength Index (RSI) for BNB stands at 72, indicating robust bullish momentum, while Fibonacci retracement levels point to potential price targets of $886, $1,037, and $1,187 in the coming weeks [2]. These levels align with historical support and resistance zones, reinforcing the likelihood of continued upward movement.

The altcoin market capitalization has also played a pivotal role in shaping BNB’s trajectory. The broader altcoin market recently surpassed $1.54 trillion, breaking the 2025 resistance level of $1.24 trillion. Historical patterns show that altcoin market caps tend to surge by over 200% after breaching previous highs, suggesting a potential rise to $5.1 trillion if the trend continues. In such a scenario, BNB’s price could theoretically reach $2,000 by 2025, though this remains a highly optimistic projection contingent on market dynamics [3].

Despite the bullish indicators, caution is advised. On-Balance Volume (OBV) data has not yet reached a new high despite BNB’s price rally, signaling moderate buying pressure. This discrepancy, coupled with the inherent volatility of crypto assets, underscores the need for careful risk management. Analysts stress that while the technical case for BNB is strong, outcomes will depend on broader market sentiment and macroeconomic factors.

The recent performance of BNB reflects broader shifts in the cryptocurrency ecosystem. Growing usage on the Binance platform, coupled with favorable technical indicators and altcoin market capitalization trends, has positioned the token as a focal point for investors. However, the path to $2,000 remains speculative, with Fibonacci levels and market psychology playing critical roles in shaping short- to medium-term outcomes.

Source: [1] [BNB Could Potentially Reach $1,187 Amid Bullish Momentum and Market Trends] [https://en.coinotag.com/bnb-could-potentially-reach-1187-amid-bullish-momentum-and-market-trends/] [2] [BNB/USDT on TradingView] [https://www.tradingview.com] [3] [TOTAL2 on TradingView] [https://www.tradingview.com]