BNB Breaks Multi-Year Trendline and Enters Price Discovery, Here Are the Next Key Fibonacci Targets

BNB has sustained over 600% rally since its bear market low, entering strong price discovery mode.

Fibonacci targets place BNB’s next resistance zones near $1,486 and $1,983 amid continued bullish momentum.

BNB Chain leads blockchain activity as on-chain growth and deflationary burns support its path toward $2,000.

BNB continues its upward trajectory after breaking its multi-year trendline in July 2025, maintaining strong bullish momentum. The cryptocurrency has climbed over 600% from its bear market bottom near $185, firmly entering price discovery mode. Market attention now turns to whether BNB can reach $2,000 before the year ends.

BNB Maintains Strong Technical Structure and Expands Ecosystem

According to analysis by Lark Davis, BNB’s breakout above its long-term resistance near $689 ended a consolidation phase that began in 2021. The token now trades near $1,288, marking a 10.33% weekly increase. Fibonacci extension levels identify the next major price targets at $1,486 for the 2.618 level and $1,983 for the 3.618 level

Recent data from CoinMarketCap shows BNB trading at $1,284.29 with a 22.4% seven-day rise. Its market capitalization stands at $178.75 billion, ranking it as the third-largest cryptocurrency. Trading volume reached $7.78 billion in 24 hours, with a healthy turnover ratio of 4.35%. The total and circulating supply remain fixed at 139.18 million tokens, supporting transparent market circulation and strong liquidity.

Source: CoinMarketCap

BNB Chain also maintains leadership in blockchain activity. Artemis data show that it has the most transaction fees per day, even over Solana, Ethereum and Tron. Network upgrades, such as the opBNB Layer-2 solution, have enhanced scalability and lowered the cost of gas, drawing in new projects and engaging more with the ecosystem.

Analysts Eye $2,000 as the Next Price Milestone

Market expert Altcoin Sherpa observed that BNB currently consolidates between $1,216 and $1,235 after its strong rally, forming a short-term base before potential continuation. Trading volume remains active throughout this consolidation, suggesting sustained participation.

Source: AltcoinSherpa(X)

BNB’s deflationary burn mechanism and rising on-chain usage continue to support its bullish trajectory. Analysts believe that continued growth in DeFi, gaming, and NFT activity on the BNB Chain could drive further appreciation.

If current momentum continues and Bitcoin sustains its broader uptrend, BNB could reach the $1,983–$2,000 zone before the year’s end. The ongoing rally positions BNB as a core digital asset leading the next phase of the crypto market’s expansion.

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