BNB price has surged 129% in recent months, driven by Binance’s strong network activity and rising inflows. Technical indicators suggest the asset is consolidating within a bullish ascending channel, hinting at continued momentum.
Binance Coin (BNB) has staged an impressive 129% rally, positioning itself as one of the top-performing large-cap cryptocurrencies of 2025. Analysts note that the surge closely mirrors Solana’s breakout momentum from 2024, fueled by strong ecosystem growth and capital inflows. With $14.8 billion entering Binance’s ecosystem in the last quarter, traders are now eyeing whether BNB can maintain its upward trajectory amid consolidation.
Recent technical analysis on the BNB/USDT 1-hour chart shows price action moving within a clearly defined ascending channe, suggesting that buyers continue to defend higher lows. The support zone around $1,220 has repeatedly acted as a key demand area, while resistance near $1,320–$1,340 represents a major supply region where profit-taking occurs.
“BNB’s rally is built on solid fundamentals — exchange volume recovery, staking incentives, and on-chain activity,” said BITX market strategist. “The structure of this uptrend resembles Solana’s mid-2024 distribution pattern, where accumulation transitioned into strong price expansion.”
Volume data further supports this narrative, with Binance seeing a notable increase in institutional participation and spot trading volume surpassing $14 billion in inflows during the last quarter. This inflow strength underpins BNB’s market confidence and highlights Binance’s continued dominance in the global exchange landscape.
Technically, the orange ascending channel on the chart signals sustained bullish control, though a rejection from the upper resistance could lead to a temporary pullback. The orange demand zone (around $1,200) remains crucial for trend continuation.
“Distribution phases often precede parabolic expansions,” explained BITX technical analyst at a Seoul trading firm, adding that BNB’s consolidation above key support suggests large holders are re-accumulating before the next move.
As long as BNB maintains structure within the ascending channel, traders expect a potential test toward $1,400 resistance in the coming sessions.
With market liquidity increasing and Binance’s global scale expanding, BNB’s current price action reflects institutional confidence and measured distribution rather than speculative hype — a setup that may define its next leg higher.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.