Key Summary:
· Based on chart fractal indicators, BNB price is expected to more than double by early 2026. · The network growth and institutional adoption accelerated after the Maxwell upgrade may become the driving force for the rise.
BNB price has accumulated over a 30% increase in July, reaching a historic high of $861.20 on Monday. Market analyst BitBull believes that BNB price is likely to rise further.
BitBull's bullish outlook on BNB price is mainly based on fractal indicators from 2019-2020.
On the technical side, BNB has broken through a multi-year ascending triangle, a bullish continuation pattern that is highly similar to the trend from 2018 to 2021.
At that time, after BNB broke the previous high of $40, it accumulated over a 920% increase, ultimately slightly exceeding $690.
If BNB replicates part of its previous upward momentum, the price is expected to rise to the $1800-2000 range by early 2026. From a technical perspective, this target is feasible.
The breakout target of the ascending triangle is even higher than the peak range mentioned by BitBull, estimated to reach $3900.
BitBull further points out that the increase in BNB network activity and institutional adoption rate is the core reason for its bullish expectations.
Data from Nansen shows that the number of active addresses on BNB Chain has increased by 37% in the past 30 days.
This growth ranks among the top in mainstream blockchains, even surpassing Solana, which, despite having over 100 million total active addresses, saw a 19% decline in user activity during the same period.
The Maxwell upgrade of BNB Smart Chain went live on June 30 and is also one of the driving forces behind network growth. This upgrade brought faster block generation speed, validator collaboration optimization, and overall network performance improvement. The market generally believes that BNB price is expected to rise after the upgrade.
Institutional capital inflow is also increasing. On Thursday, Windtree Therapeutics completed a $520 million financing, which will be used to purchase BNB as a reserve asset.
On Monday, Nasdaq-listed Web3 infrastructure company Nano Labs also increased its BNB holdings to approximately 128,000 coins (valued at about $1.08 billion based on approximately $850 per coin) through over-the-counter trading and convertible bond financing.
BitBull stated: "The activity of the BNB Chain network continues to rise, Binance remains the leading exchange, and enterprises continue to purchase BNB as a reserve asset." He also added:
Related: Democratic lawmakers investigate the possibility of including cryptocurrencies in mortgages for housing regulatory agencies.
Original text: “How high can BNB go? Market analyst predicts peak at $2000”
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。