BNB Surges to $792.41 Record High on $11B Inflows, $190B DEX Volume as Analyst Targets $1,260

BNB, the native token of the Binance Smart Chain, has surged to a record high of $792.41, driven by an $11 billion influx of stablecoin inflows and a monthly decentralized exchange (DEX) volume of $190 billion on BNB Chain. On-chain data indicates a significant surge in network activity, with daily transactions rising from 4 million to over 14 million, signaling heightened utility and adoption. Analyst BitBull emphasized that the breakout is underpinned by fundamentals rather than purely technical factors, citing sustained transaction success rates and robust inflows as key metrics [1]. The price action defies historical resistance at the $800 level, which had previously rejected rallies over the past three years [1].

BitBull’s analysis projects a potential price trajectory for BNB if it maintains support above $800. A move toward the $960–$1,000 range is deemed likely, with a late-cycle expansion target of $1,260+ possible. This forecast is contingent on sustained volume and demand, as well as confirmation of the breakout through on-chain strength [1]. The analyst highlighted that BNB’s growing developer activity and institutional adoption further reinforce its long-term value proposition, distinguishing this rally from prior speculative surges [1].

The surge coincides with broader risk-on sentiment in the cryptocurrency market, with BNB’s performance reflecting increased confidence in blockchain-based infrastructure adoption. However, market observers caution that volatility remains a factor, and corrections in the broader market could trigger short-term pullbacks. Despite this, the underlying metrics—including a 70% week-on-week increase in spot trading volume—suggest strong participation across global exchanges [1].

BitBull noted that the $723–$804 range serves as an ideal “add zone” for investors if BNB retests key support levels. Should bulls maintain control above $800, the token could enter a price discovery phase, with further upside dependent on macroeconomic catalysts such as regulatory clarity and real-world blockchain integration [1]. The $1,260 target, while ambitious, aligns with bullish technical indicators like the RSI and MACD, which currently signal sustained momentum [1].

The market’s focus now turns to BNB’s ability to sustain its current trajectory. Analysts stress that the $800 level is critical for confirming the breakout’s legitimacy. Failure to hold this threshold could trigger a retest of prior support, while a clean hold would validate the token’s transition into a new price cycle [1].

Source: [1] [BNB Breaks Out With $11B Inflows; Analyst Targets $1,260 Next] [https://cryptofrontnews.com/bnb-breaks-out-with-11b-inflows-analyst-targ/]