BNB Price Hits Record Highs as Active Addresses Spike – Bulls Target $1300

Highlights:

• The BNB price breaks record highs, hitting $1,239 before pulling back to $1,226, marking a 7% surge. 
• BNB’s active addresses have also hit ATH as its TVL rises 3.90% indicating growing interest.
• The technical outlook suggests a potential rally to $1,300, but a pullback to $1,148 may be imminent. 

The BNB price has broken above the $1200 mark, setting a new ATH at $1239 before retracing to $1226. This recent breakout has extended last week’s 17% rally. Strong network growth, reflected in record monthly active addresses, and a bullish technical setup suggest that investors could push BNB toward the next target at $1,300. Meanwhile, BNB Chain’s monthly active addresses have surpassed 60 million, according to WhaleInsider. This jump is strong proof of the growing adoption of BNB Chain, marking a 100% increase so far this year.

Showing no signs of slowing down…https://t.co/KhcW4QpCag

— BNB Chain (@BNBCHAIN) October 6, 2025

This record is significant as it presents the growing number of BNB Chain users, alongside the increasing number of decentralized applications (dApps) and transactions on the network. The total value locked (TVL) in BNB rose from $7.58 billion on September 27 to $8.69 billion on Monday, the highest level since May 2022. The rising TVL shows the growing activities and interest in BNB’s ecosystem. In other words, more users are depositing their assets in BNB-based protocols.

On the other hand, CoinGlass data reveal that BNB’s futures Open Interest (OI) reached $2.35 billion on Monday. If the Open Interest is increasing, it means new or additional money is entering the market, and there’s new buying. This may hence lead to the BNB price targeting the $ 1,300 mark soon. 

BNB Price Outlook: Is BNB Poised for a Rally to $2000 in 2025?

The BNB/USDT daily chart shows price action trading above the 50 Simple Moving Average (SMA) $941 and the 200 SMA $736, a classic sign of strength. The BNB price has broken out in a parabolic curve, indicating increased bullish strength. 

With the Relative Strength Index (RSI) at 74.49, caution traders not to be too greedy.  This is because its position at 70+ shows overbought conditions, cautioning of a pullback soon. The Moving Average Convergence Divergence (MACD) is indicating bullish momentum, as the MACD line has crossed above the signal line and is rising significantly above it. The histogram is also turning green, a sign of increasing bullish momentum.

There are several supports at $941 and $636 736, which have held strong in the BNB market. Moreover, with the BNB’s active addresses hitting an ATH, it shows there is growing hype in the Chain. In the short term, the BNB price may retest its all-time high (ATH) of $1,300 soon, especially if volume spikes. Long-term, if it breaks past the ATH, the crypto might soar to the $2,000 target by the end of the year.

However, an overextension could pull the BNB price back to $ 1,148-$ 1,090, allowing the bulls to sweep through the liquidity. Meanwhile, the market sentiment on X is turning optimistic, with traders hyping BNB’s utility as a rally to $1300 is expected soon.