Binance Coin ($BNB) Hits New All-Time High – September 12, 2025
Binance Coin ($BNB) has just pushed to a new all-time high, trading around $908 today. The token has been climbing steadily throughout the summer, breaking through resistance after resistance, and is now in uncharted price territory.
What is $BNB?
$BNB is the native token of Binance, the world’s largest cryptocurrency exchange by trading volume. Originally launched in 2017, $BNB was designed to give traders fee discounts on Binance. Over the years, its utility has expanded to:
- Paying transaction fees on the BNB Chain.
- Participation in token sales on Binance Launchpad.
- A wide range of DeFi applications within the Binance ecosystem.
Today, $BNB is one of the largest cryptocurrencies by market cap, with a strong role in the global exchange and DeFi landscape.
Chart Overview
- After consolidating around $840–$880, $BNB finally broke higher this week.
- Volume has picked up, supporting the breakout.
- The rally puts $BNB in price discovery — meaning no historical resistance above current levels.
What to Expect From Here
- Bullish Scenario: If momentum continues, $BNB could quickly extend toward $950–$1,000, as psychological levels often act as magnets during new highs.
- Bearish Scenario: After such a strong run, a correction is always possible. A dip back to retest $880–$860 as support would be healthy before the next leg up.
📊 Outlook: $BNB hitting new all-time highs underlines both the strength of Binance as an ecosystem and the confidence of traders. The big question now — can $BNB power through to $1,000, or will the market need a breather before pushing higher?