BNB Price News: After Crossing $1,000, What Is Next For BNB?

BNB Coin (BNB) has once again climbed above $1,000 and has been going up in 5 of the past 6 sessions as crypto assets continue to shake off their latest losses.

The price has advanced by 1.8% in the past 24 hours, but trading volumes have not increased that much.

On-chain data shows that, on September 25, transaction volumes on the Binance Smart Chain spiked to a new 2025 high at 18.1 million when BNB Coin dropped to a session loss of $940.

Volumes exceeded the 14-day average back then, as this seemed to have been a highly contested price zone for both bulls and bears. Just a day after, BNB Coin started its latest uptrend. Hence, this is a key support area to watch moving forward in case of another pullback.

Notably, the X account belonging to the BNB Chain was hacked hours ago. The incident resulted in minor losses via phishing, and the Binance team has already regained control of the account, according to the latest posts.

DEX Volumes Spike to Levels Not Seen Since 2021

Data from DeFi Llama shows that DEX volumes in September surpassed $90 billion for a second time this year. This translates into higher network activity and indicates increased adoption of the BSC blockchain by traders.

Monthly DEX Volumes – Source: DeFi Llama

Apart from June and September this year, this kind of volumes were only seen in 2021, just months after the Binance Smart Chain was launched and market hype was at a high point.

Despite these encouraging on-chain metrics, the network’s daily gas used in September has been steadily rising. Although June levels were still higher than they are now, this implies that traders’ interest on BSC-based tokens is once again spiking.

Meanwhile, investors’ sentiment has picked up recently as the Fear and Greed Index stands at 42. This means that investors are still relatively cautious, but it is an improvement compared to last week’s low reading of 34, which pointed to a fearful attitude.

Key Levels to Watch for BNB Coin

The daily chart shows that BNB Coin respected its trend line support during the latest pullback. This favors a bullish outlook as long as the token manages to climb above its latest highs.

BNB/USD Daily Chart (Binance) – Source: TradingView

That said, momentum indicators imply that the token could be entering a phase of exhaustion. If the Relative Strength Index (RSI) makes a lower high while the price of BNB makes a new all-time high, this would result in a bearish divergence that may anticipate an upcoming decline.

Positive momentum is still strong going into $1,000 as macroeconomic conditions are favorable. The Federal Reserve cut interest rates for the first time this year, and analysts expect that they will make a second 25bps cut during this month’s FOMC meeting.

This supports a bullish outlook for cryptos as it triggers some yield-chasing among investors, which results in higher inflows to riskier asset classes.

In addition, altcoin season has officially started. Bitcoin’s dominance is declining, and Ethereum (ETH) made a new all-time high along with BNB Coin. This sets the stage for a potential climb to $1,300 at least before the next leg down for BNB.