$BNB has surged to $790 again 🤯
What does this price conceptually mean? In all of 2024, $BNB ’s highest was only around $792. Now it’s basically trading while stepping along the previous cycle’s ceiling~
#CZ ’s recent moves are worth paying attention to. At the end of September, he posted a meme image on X with the caption “Soon…”.
He also retweeted a post saying “Bullish on BNB Chain,” mentioning that tokenized US stock assets have already been deployed on BNB Chain, with over 2 million daily active users and daily transaction volume of 17 million txs—these are hard data.
Personally, I think:
At the $790 level, can it hold and break through $800 in the short term? Honestly, I can’t say. But over a longer time frame, a few things are building up:
1️⃣ The burn mechanism is still running. The 37th quarterly burn is expected to land in mid-October. The supply target is headed toward 100 million coins. This is mechanical deflation—not a guarantee of price going up, but it’s pushing in one direction long term~
2️⃣ CZ’s personal influence. One sentence, one image—markets move with it. That kind of founder-level consensus effect is hard for other chains to replicate. You could say he isn’t actively operating right now, but he holds a large amount of BNB, has an advisor role, and openly calls things like “AI ready.” These signals stacked together provide real psychological support for holders.
3️⃣ On-chain data is climbing. 2 million daily active users, and DEX daily transaction volume nearing $1 billion—these are real usage, not volume that’s been刷出来.
But I also have to be honest: Right now the retail long/short ratio is 2.14, with 68% of people being long, yet the active buy/sell ratio is only 0.81—meaning sell orders are bigger than buy orders. This implies leveraged longs are crowded, and someone is quietly distributing. The odds of a short-term pullback to wash things out aren’t low.
So my view is: Don’t chase at $790 first, but also don’t assume bearish. If it dips into the 750–770 range, for an asset like BNB that has burn support, CZ’s endorsement, and real on-chain data, I’d be more willing to step in.
What do you all think? Come on—let’s chat in the comments~
#BNB突破790美元