Price Analysis
  • Rizwan Ansari
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    Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

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    BNB Price Prediction: CryptoQuant Predicts BNB To Hit $1,000

    Story Highlights
    • Binance BNB Coin outperforms Bitcoin, rising nearly 10% while BTC slips 6% recently.

    • CryptoQuant predicts BNB could rally toward $1,000, supported by strong liquidity reserves.

    • On-chain data shows negative correlation, proving BNB’s growing independence from Bitcoin’s trend.

    • Binance’s auto-burn system reduces token supply, boosting scarcity and long-term price growth.

    The crypto market has slowed down after Bitcoin’s record-breaking run in August, but one token refuses to slow down. Binance Coin (BNB) is showing unexpected strength, moving on its own path. According to on-chain analytics firm CryptoQuant, BNB could rally toward $1,000 soon, supported by strong liquidity and its unique token mechanics.

    Binance (BNB) Outperforming Bitcoin 

    Over the past 30 days, Bitcoin climbed to $124,000 but has since dropped to around $112,000. September has historically been a weak month for crypto, and this year is no different. 

    But while Bitcoin slipped about 6%, BNB went the other way, rising nearly 10% over the same period.

    Meanwhile, on-chain data highlights this growing independence as CryptoQuant reports a negative correlation between Bitcoin and BNB, with a coefficient of -0.27. In simple terms, when Bitcoin went down, BNB managed to move higher, showing its ability to stand apart from the broader market.

    Why a $1,000 Target Looks Possible

    CryptoQuant’s prediction for BNB comes down to three key factors behind BNB’s bullish setup: sidelined liquidity, seasonal market patterns, and its deflationary supply. Binance’s stablecoin reserves have grown sharply, jumping from $32 billion in August to $38 billion today, a 19% increase. 

    This fresh capital acts as “dry powder” that could drive the next big move for altcoins, with BNB leading the way.

    Binance Price Prediction

    Historically, Q4 has been a strong period for crypto markets. If Bitcoin regains momentum, BNB could amplify the rally and push closer to the $1,000 mark. 

    Some analysts even suggest a run toward $1,500 if market conditions align perfectly.

    Auto-Burn Advantage

    Another factor fueling optimism is BNB’s auto-burn mechanism, which reduces its supply every quarter. This built-in deflationary model, similar to Ethereum’s burn mechanism after EIP-1559, creates scarcity and supports long-term price growth. 

    However, unlike many other altcoins, BNB benefits from this consistent supply reduction.

    As of now BNB price is trading around $901, reflecting a jump of 2% seen in the last 24 hours 

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