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ToggleThe Maxwell upgrade of BNB Chain, along with over $600 million accumulated from institutions, could be a crucial catalyst to help BNB break through to the $1,000 range - or even higher. In July, BNB's price increased by over 30%, reaching a new high of $861.20 on Monday, marking the year's ATH. According to analysis from BitBull Capital, BNB could potentially double from its current level if the upward trend is maintained with support from network upgrades and increasingly strong institutional capital inflow.
BNB may reach $1,000 by the end of the year, with a potential cycle peak at $2,000
According to BitBull Capital, BNB's price appreciation prospects are based on a fractal model that previously appeared in the 2019-2020 period. Technically, BNB has just broken out of a long-term ascending triangle pattern - a continuation pattern typically seen as an optimistic signal. BNB's current structure is considered significantly similar to the 2018-2021 period, when the price underwent a strong breakout after a long-term accumulation phase. If the fractal pattern continues to repeat, BNB could easily reach $1,000 this year and potentially reach the cycle peak around $2,000 in the next phase.
In the previous cycle, after breaking through the resistance zone around $40, BNB made a strong breakout, increasing by over 920% and reaching a peak above $690. This development further reinforces the argument that BNB could repeat a similar price appreciation pattern in the current cycle, especially when technical factors and institutional capital are supporting the upward trend. Ask ChatGPT
If BNB can reproduce even a partial version of its previous surge, a race towards the $1,800-$2,000 range is entirely technically feasible by early 2026. In fact, according to the model analysis, the price target from the ascending triangle breakout is even significantly higher than the $2,000 cycle peak predicted by BitBull Capital. Some technical estimates suggest a potential price target of around $3,900, if BNB maintains its current price appreciation structure and is supported by fundamental factors.
Institutional demand and network development could be a catalyst for the next BNB price explosion
According to BitBull Capital, the increase in network activity and the wave of institutional adoption are the core factors behind the optimistic price prospects for BNB. BNB Chain has recorded an impressive 37% increase in active addresses over the past 30 days, according to data from Nansen - a signal indicating that users are returning to the BNB ecosystem at a rapid pace.
Notably, this is one of the highest user growth rates among major blockchains, surpassing even Solana (SOL) - the leading platform in total active addresses (over 100 million), but experiencing a 19% decline in user activity during the same period. This development reinforces the argument that BNB is entering a strong revival phase in terms of actual usage, paving the way for potential price breakout in the medium and long term if this trend continues.
Part of BNB's recent growth momentum may stem from the BNB Chain's Maxwell upgrade, implemented on June 30th. This upgrade brought faster block times, improved validator coordination, and enhanced overall network performance, raising speculation that a price cycle might be triggered after infrastructure improvements.
Institutional demand is also increasing significantly. On Thursday, Windtree Therapeutics raised $520 million to purchase BNB for its treasury. Meanwhile, on Monday, Nano Labs - a NASDAQ-listed Web3 infrastructure company - expanded its BNB holdings to approximately 128,000 tokens, equivalent to ~$108 million (at a medium price of ~$850 per token) through off-exchange transactions and convertible bond issuance.
"BNB Chain's network activity is surging; Binance remains the leading exchange, and companies are adding BNB to their treasuries," - BitBull notes and adds: "All these dynamics could push BNB beyond $1,000 in Q4, and even reach the $1,800-$2,000 range as it enters the cycle peak phase."
This article does not contain investment advice or recommendations. All investment and trading decisions involve risks, and readers should conduct their own research before making decisions.
