The recent growth of on-chain activity of the BNB network anticipated the price increase.
It is still far from the ATH reached in Bitcoin, in November 2022, when 1 BNB was worth 0.019 BTC.
BNB, the native token of the BNB Chain network, marked a new historical maximum (ATH) in US dollars today, July 27, When reaching a price of $ 827 per curingafter climbing 10% in the last 24 hours.
At the time of this wording, the price of the cryptocurrency created by Exchange Binance has slightly retreated to $ 816, as can be seen in the following graph:
As explained by the cryptocurrency analyst Akabull, The BNB price crossed a resistance zone in the 10 -day graph located in the 780 dollars that had not broken in the last two years and remains above her.
That Alcista rupture It could have worked for investors as a positive indication and, in such a way, to increase the demand for BNB, which promoted its upward price.
Among other factors that promoted the BNB rise, the trader stressed: «Binance remains the number one exchange and companies are buying BNB for their treasures. All this demand will surely push BNB above $ 1,000 for the fourth quarter and possibly at $ 1,800 or 2,000 in the peak of the cycle ».
Additionally, as Cryptonoticia explained, the BNB Chain network anticipated the upward movement of its cryptocurrency, registering a notorious increase in on-chain activity. For example, from May to the present, daily transactions rose almost 200% and active accounts 127%.
Since the native token of BNB Chain has exceeded previous resistance levels, leaving behind historical references, now enters an unknown territory while the market seeks to New support and resistance points.
On the other hand, in terms of Bitcoin (BTC), BNB is far from its 0.019 BTC peak in November 2022. Currently, it is traded at 0.006 BTC, which represents a 68.4% drop from that maximum.
Finally, in the BNB/ETH pair, the Ecther (ETH) rise at $ 3.800 led to the BNB Chain token being devalued in relation to Ethereum’s. In April 2025, 1 BNB was equivalent to 0.3 ETH (historical maximum), however, now that ratio has declined to 0.21 eth, a 30%setback.
