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Publication date: August 21, 2025
On March 20 of this year, we last discussed BNBin detail. Back then, the focus was on the currency's solid fundamentals, its recovery from the $510 - $530 support zone and the crucial test of resistance around $645. Five months later, the picture has changed considerably: BNB is now quoted around $850, up significantly from our previous article. So it's high time for an update, in which we look at the recent price movement and the key support and resistance levels.
You can read our previous article on Binance coin dated March 20, 2025 HERE.
Brief refresher: What does BNB do again?
Binance Coin (BNB) is the native cryptocurrency of the world's largest crypto exchange and was launched in 2017 as a utility token for trading discounts. Since then, BNB has become one of the most influential digital assets in the market. The token is heavily used within Binance Smart Chain (BSC), one of the leading blockchains for DeFi, NFTs and gaming.
In addition, BNB plays an important role in strike, payments and as collateral in various protocols. A distinguishing feature is the quarterly burn mechanism, in which Binance structurally destroys a portion of its inventory, increasing scarcity and supporting value.
Recent developments
In recent months, BNB has made a strong advance, driven by higher trading volumes, a new token burn and growing adoption of Binance Smart Chain. In addition, Binance has made significant strides toward tighter regulation, further boosting confidence in the ecosystem. Together, these factors are the basis for the recent price appreciation and renewed investor attention.
Share price development
In March, we wrote that BNB found support around the $510 - $530 zone and was getting ready to test resistance at $645. The question then was whether the currency had enough strength to move again toward the all-time high of $794.
The chart shows that after our previous article, BNB initially remained in a sideways trend for an extended period of time. Only from the end of May did a clear acceleration occur, with the price convincingly breaking out above $700. This rally even took BNB to levels above $850, breaking the previous record of December 2024.
Currently, the zone around $800 - $810 is considered an important support above which the price is able to hold. As long as this level remains intact, the upside scenario remains intact. The next challenge lies at the resistance zone around $880 - $900. A breakout above this would free up space for a further rise towards $950 - $975.
What could further push up the price of BNB
1. Expansion of Binance Smart Chain (BSC): New dApps, DeFi protocols and gaming projects on BSC increase demand for BNB to fuel transactions.
2. Quarterly burn mechanism: Ongoing token burns continue to increase BNB scarcity and structurally support price.
3. Institutional adoption: Increased interest from large investors and companies using BNB for trading, strike or payments can further strengthen the currency.
4. Regulatory progress: Binance's moves toward stricter compliance and cooperation with regulators may increase trust and widespread acceptance.
What could work against BNB's price?
1. Regulatory uncertainty: Global pressure on Binance and stricter regulations may limit BNB's growth and use.
2. Competition from other blockchains: Networks such as Solana, Ethereum and Avalanche continue to innovate, which may take away some of BNB's market.
3. Dependence on Binance ecosystem: Because BNB is highly connected to Binance and BSC, any problem at the exchange can have a direct impact on its price.
4. General market corrections: A broad decline in the crypto market could also pull BNB down, even with strong fundamentals.
Conclusion
BNB has made an impressive rise since March and is now moving around $850, significantly higher than in our previous article. The currency benefits from strong fundamentals such as the burn mechanism, the growth of Binance Smart Chain and increasing institutional interest. Technically, support around $800 - $810 remains crucial: as long as this level holds, the upside scenario remains in view. A convincing breakout above the resistance zone of $880 - $900 would pave the way for new highs towards $950 - $975. With this, BNB remains one of the most promising cryptocurrencies for the rest of 2025.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.
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