Binance Coin (BNB) is on its way to break into the four-digit valuations, after trading above $930. The Binance ecosystem has been one of the best-growing venues during the 2025 altcoin season. BNB is also one of the best-performing assets, making preparations to climb to a four-digit valuation. BNB recently peaked above $962, before retreating to $951.44.
The token surged following the news that Binance had the potential to settle its case with the US Department of Justice (DOJ), thereby avoiding the requirement for an external monitor, as reported by Cryptopolitan earlier. Based on the present altseason, BNB is still in line to benefit from the growing market exuberance and break the $1,000 milestone. BNB open interest also expanded to an all-time high near $1.3 billion, suggesting speculation may add volatility and cause significant price leaps.
Over 23% of BNB activity happens on the Binance exchange, allowing the token to immediately react to liquidity inflows. In the past few years, BNB has risen to 10X during active altcoin seasons. At this price range, the token is expected to move to 5X at most. BNB, along with SOL, is seen as capable of reaching valuations close to ETH, based on their on-chain economies and app activity.
BNB on its way to $1,000
The hike to $1,000 for BNB may not happen immediately, as the token remains locked in a range, with long positions around $933, suggesting a price dip may be possible. BNB short positions are accruing around $990, with smaller liquidity allocations at $1,000. The potential to liquidate those positions is relatively smaller.
However, the general momentum suggests BNB is expected to move to a higher price range, based on ecosystem growth and general liquidity. BNB is currently not the hottest token among Hyperliquid whales, with only 13 positions open. Seven whales are attempting to short BNB, all carrying unrealized losses. Meanwhile, long position traders are facing significant negative funding fees to remain competitive.
Changpeng Zhao sparks Binance return rumors
Amid the BNB hype, the co-founder of Binance, Changpeng ‘CZ’ Zhao, changed his profile bio, sparking rumors of returning in some role. Zhao’s influence on the crypto market is undeniable, and an active role in Binance may further boost the CZ effect. So far, Zhao has remained close to Binance, while avoiding outright endorsement.
Zhao’s X bio now contains the @binance handle, edited from ex-@binance, setting up expectations for a new upcoming role or more active engagement. Zhao’s decision may further boost the performance of BNB. Previously, Zhao has also spoken in favor of BNB treasury companies, and his presence may boost demand for BNB reserves. So far, BNB treasuries are the smallest compared to other entities.
The Binance ecosystem also gets a boost from Yzi Labs, the investment branch formerly known as Binance Labs. More than 34% of Yzi Labs’ investments go to Binance Alpha projects, leading to 279.6% returns, one of the best performances for Tier 1 funds. Access to Binance Alpha tokens is one of the main reasons for holding BNB, as the ecosystem has expanded by hundreds of curated assets, now valued at over $4B.
