All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- BNB hit $962 before easing, market cap over $132B, surpassing UBS and Solana in rank.
- Reports of DOJ talks and hopes of lifted compliance monitor fueled optimism for Binance and BNB.
BNB recorded a fresh all-time high of $962 today before easing slightly to $952.17, a 2.5% gain in the past 24 hours. The token’s market cap has surged past $132 billion, overtaking UBS Group and placing it among the world’s top 165 assets.
The rally pushed BNB to the 5th spot among cryptocurrencies by market cap, surpassing Solana. Daily trading volume hit $3.36 billion, up 39% over the last day. Derivatives activity also climbed, with volume spiking 89.27% to $2.29 billion and open interest rising 8.26%.
Momentum picked up on September 16 after reports that Binance is close to an agreement with the U.S. Department of Justice. According to Bloomberg, the DOJ may drop its requirement for Binance to have an independent compliance monitor, which was part of the $4.3 billion settlement in 2023.
Legal Resolution Fuels Optimism
The settlement had originally ordered a three-year monitoring period following accusations of failing to properly protect against money laundering. Hopes for the restriction’s removal strengthened sentiment and eased concerns over regulation. Rumors regarding a possible return of Changpeng Zhao also boosted sentiment among investors.
CNF recently revealed that Binance has partnered with Franklin Templeton to expand tokenized real asset markets via BNB Chain. Analysts expect this industry to grow to $10 trillion in the coming years, placing token in a prime position to capitalize on rising adoption.
Meanwhile, on-chain activity is also rising. Daily transactions fluctuate between 10 and 14 million, with active addresses having more than doubled since April. More than 5,800 decentralized applications are now deployed on the BNB Chain. Total value locked into decentralized finance reached $7.6 billion, with weekly decentralized exchange volume hitting $16 billion.
Analysts Target $1,000 Resistance
In a recent X post, analyst Saint Pump noted that BNB is the “best looking highcap,” with a target to test $1,000. His outlook was supported by technical conditions such as higher open interest and reduced funding rates. He added,
I expect the market to roll over by week’s end, but it looks good for a push to ~$1k. OI is very high, but funding has spiked down, which supports my thinking that there’s room to go up.
$BNB is the best looking highcap.
I expect the market to roll over by week's end, but it looks good for a push to ~$1k.
OI is very high, but funding has spiked down, which supports my thinking that there's room to go up. pic.twitter.com/FBIhr02Cw2
— Saint Pump (@Saint_Pump) September 16, 2025
Coin is holding support at $920, which aligns with the 10-day EMA. The 200-day SMA at $693 shows longer-term strength. The token trades near the top of its Bollinger Bands, while the RSI is close to 70, signaling overbought conditions
If buying momentum sustains, the $1,000 mark becomes the next resistance point. Analysts warn that traders may take profits at that level, which could push the price down toward $920 or $880 in the near term.
