{"id":7623,"date":"2025-10-09T18:13:19","date_gmt":"2025-10-09T18:13:19","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/bnb-price-soars-600-from-bear-market-lows-eyeing-1980-as-next-target\/"},"modified":"2025-10-09T18:13:19","modified_gmt":"2025-10-09T18:13:19","slug":"bnb-price-soars-600-from-bear-market-lows-eyeing-1980-as-next-target","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/bnb-price-soars-600-from-bear-market-lows-eyeing-1980-as-next-target\/","title":{"rendered":"BNB Price Soars 600% From Bear Market Lows, Eyeing $1,980 As Next Target"},"content":{"rendered":"<p>The cryptocurrency landscape is witnessing a remarkable shift, with the BNB price emerging as a standout performer among the top ten cryptocurrencies by market capitalization.\u00a0<\/p>\n<p>Over the past week, Binance Coin has surged by 30%, propelling its price to a new all-time high just shy of $1,350. This latest rally translates to a major 600% increase from its last bear market lows.<\/p>\n<h2>Binance Coin Becomes Third-Largest Cryptocurrency\u00a0<\/h2>\n<p>The recent momentum has been particularly noteworthy, as the BNB price eyes to turn the $1,300 mark as its new support for further upside movements, retracing only 2% from its peak after its record-breaking rally on Tuesday.\u00a0<\/p>\n<p>This minimal pullback signals a lack of sustained selling pressure and suggests that further upside potential remains on the horizon. If this trend continues, analysts are eyeing new price targets for BNB.<\/p>\n<p>The uptrend has also witnessed BNB surpass both XRP and Tether\u2019s USDT, reclaiming its status as the third-largest cryptocurrency, trailing only behind Ethereum (ETH) and Bitcoin (BTC).\u00a0<\/p>\n<p>This has been in part, attributed to CEA Industries Inc., which recently <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BMNR\/pressreleases\/35313857\/cea-industries-boosts-bnb-holdings-to-663-million-as-price-hits-record-high\" target=\"_blank\" rel=\"noopener nofollow\">announced <\/a>it has acquired over $600 million worth of BNB, holding 480,000 tokens at an average cost of $860 each.\u00a0<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/TE99p4ay\/\" alt=\"BNB price\" width=\"1814\" height=\"928\" \/><\/p>\n<p>CEA\u2019s ambition to become a major player in the BNB ecosystem, is also highlighted on its roadmap with plans to own 1% of the total Binance Coin supply by the end of the year.<\/p>\n<p>David Namdar, CEO of CEA Industries, commented on the recent surge, stating, \u201cBNB\u2019s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem.\u201d\u00a0<\/p>\n<p>The company\u2019s CEO further emphasized that Binance Coin should be viewed not merely as a token, but as a central component of a \u201chighly integrated network.\u201d<\/p>\n<h2>BNB Price Eyes Fibonacci Targets Of $1,486 And $1,983<\/h2>\n<p>Market expert Lark Davis has also added to the growing bullish sentiment surrounding the cryptocurrency\u2019s rally on social media site X (formerly Twitter), noting that BNB is now firmly in price discovery mode, which could lead to further significant gains as the anticipated demand continues to grow.\u00a0<\/p>\n<p>According to the expert\u2019s <a href=\"https:\/\/x.com\/TheCryptoLark\/status\/1975901547201511655\" target=\"_blank\" rel=\"noopener nofollow\">analysis<\/a>, the next major Fibonacci targets for the BNB price are set at $1,486 for the 2.618 level and $1,983 for the 3.618 level, indicating a strong possibility for continued upward momentum.<\/p>\n<p>This implies that if this scenario plays out, the coming days of months could see additional increases for the BNB price of 14% and a major 52% in the case of breaching $1,900.<\/p>\n<p>Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency landscape is witnessing a remarkable shift, with the BNB price emerging as a standout performer among the top ten cryptocurrencies by market capitalization.\u00a0 Over the past week, Binance Coin has surged by 30%, propelling its price to a new all-time high just shy of $1,350. This latest rally translates to a major 600%&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7624,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270],"tags":[584,3011,271,2908,585,3687,3176,3688,274,36,85,43],"class_list":["post-7623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bnb","tag-binance-coin","tag-binance-coin-price","tag-bnb","tag-bnb-news","tag-bnb-price","tag-bnb-price-news","tag-bnb-price-prediction","tag-bnb-rally","tag-bnbusdt","tag-crypto","tag-crypto-market","tag-crypto-news"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=7623"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/7624"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=7623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=7623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=7623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}