BNB News: BNB Price Hits New All-Time High at $882 as Active Addresses Surpass 3 Million — Is $1,000 Next?

Key TakeawaysBinance Coin (BNB) reached a new all-time high of $882.60, up 20.5% year-to-date.Daily active addresses on BNB Chain surged above 3 million, near record levels.BNB is the only top-5 altcoin to set a new ATH this cycle, with ETH and XRP still below peaks.Traders eye $900 and potentially $1,000, with support seen at $820–$740.BNB Sets Fresh All-Time High Above $882Binance Coin (BNB) broke out to a new record high on Wednesday, climbing to $882.60, its first all-time high in history. The rally has cemented BNB as one of the top-performing crypto assets in 2025, delivering 20.5% year-to-date gains—just slightly below Bitcoin’s performance.BNB is currently the only major altcoin to set a new ATH this cycle. Ethereum (ETH) and XRP (XRP) remain just shy of their all-time highs of $4,749 and $3.65, respectively, highlighting BNB’s outperformance in the current rally.Active Addresses and Transactions SurgeThe breakout comes as BNB Chain daily active addresses climbed back above 3 million, the highest since June when they reached a record 3.55 million, according to BSC Scan. Daily transaction volumes also surged close to 2025 highs, underscoring rising network usage and ecosystem demand.On-chain data suggests that Binance’s vast user base continues to support BNB Chain activity, with adoption rising steadily despite concerns around centralization and validator control.Why Demand for BNB Coin Is RisingBNB’s utility has fueled its surge. The token is widely used for:Trading fee discounts on Binance exchange, creating consistent demand.Transaction settlement across BNB Chain’s growing DeFi and NFT ecosystem.Ecosystem expansion, supported by Binance’s global user base.Despite ongoing criticism that BNB Chain remains too centralized, its role in Binance’s infrastructure has solidified it as one of the most used blockchains globally.Technical Outlook: Bulls Eye $900–$1,000After a 5.5% move higher on Tuesday, BNB retreated 3.2% on Wednesday, forming what analysts describe as a possible bearish engulfing candle on the daily chart.Support Levels: $820 (trendline), followed by $770–$800 if selling accelerates.Resistance Levels: $900 psychological barrier, then $1,000 if momentum continues.Pattern: Consolidation after parabolic rally; momentum indicators remain stretched.Analysts note that dips toward $820–$740 could present buy-the-dip opportunities for late entrants betting on a push toward $1,000.Macro Tailwinds and Altcoin SeasonThe broader backdrop remains supportive:Weaker U.S. dollar adds momentum to risk assets.New spot ETFs for altcoins increase institutional demand.Crypto-friendly U.S. administration and SEC policies have reduced regulatory uncertainty.Legislation such as the Genius Act strengthens the long-term outlook.With altcoin season gaining traction, many analysts argue it is only a matter of time before ETH, XRP, and Solana follow BNB in making new all-time highs.BNB On Path Toward $1,000With record network activity, surging demand, and supportive macro conditions, BNB appears poised to challenge $900 and potentially $1,000 in the coming days.If support at $820 holds, analysts say the next leg higher could cement BNB’s position as the leading altcoin of the current bull cycle.