|
Getting your Trinity Audio player ready...
|
- BNB climbs 8% to $1,190, weekly gains over 21%.
- Binance records $14.8B net inflows in Q3, fueling price growth.
- BNB Chain lowers gas fees to $0.005, boosting efficiency and adoption.
Binance Coin (BNB) has continued its remarkable ascent, climbing 8% today to reach $1,190, extending its weekly gains to more than 21%. The surge comes despite broader crypto market consolidation, highlighting BNB’s resilience and growing investor confidence in the BNB Chain ecosystem. Analysts now eye a potential $1,300 milestone as Binance posts record inflows.
Record Binance Inflows Fuel BNB Rally
Data from Coinglass shows BNB futures open interest has surged 18% to over $2.5 billion, indicating strong trader expectations for continued price growth. Daily trading volumes have also spiked 40% to $5.85 billion, reinforcing bullish sentiment.
Crypto analyst Ali Martinez has set a $1,300 target for BNB, citing both the strong derivatives activity and Binance’s dominance in the market. The exchange recorded net inflows of $14.8 billion in Q3, dwarfing the next 10 largest exchanges combined, which collectively saw only $94 million. Martinez highlighted that Binance’s inflows were 158 times greater than its closest competitors, underscoring unparalleled market strength and investor trust.
Uptober Optimism and Historical Patterns
Binance founder Changpeng Zhao expressed optimism for a strong “Uptober” rally, drawing parallels with Bitcoin’s breakout in October 2017 during the 2015–2017 bull cycle. The BNB rally appears poised to benefit from seasonal momentum, supported by active derivatives markets and growing institutional interest.
Bntober
— CZ 🔶 BNB (@cz_binance) October 3, 2025
Astober
Bitober
😁 https://t.co/oZslzOhNDR
BNB Chain Strengthens with Lower Gas Fees
BNB Chain’s fundamentals have also improved. The network has adopted a new minimum gas price of 0.05 Gwei, or roughly $0.005 per transaction, making it one of the most cost-efficient blockchains available. This move enhances trading efficiency, reduces costs for developers, and increases BNB Chain’s competitiveness. Adoption by wallets, exchanges, and trading platforms is expected to further strengthen on-chain activity.
BNB’s latest rally reflects a convergence of strong market inflows, favorable derivatives activity, and strategic network improvements. With a potential $1,300 price target and a more cost-efficient blockchain, BNB is positioning itself for sustained growth, making it a top watchlist asset for crypto investors this “Uptober.”
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Binance Coin (BNB) Breaks $1,000: Could $3,000 Be Next?
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
