BNB briefly crossed $1,080 over the weekend before cooling near $1,004 as broader crypto markets pulled back.
The rally was driven less by fundamentals and more by political speculation, i.e., traders are betting on the possibility that US President Donald Trump could pardon Binance founder Changpeng Zhao (CZ).
Zhao’s Sentencing in 2023
Zhao stepped down as Binance CEO in 2023 and served a short prison term tied to the exchange’s $4.3 billion settlement with US regulators.
He has since sought clemency, and betting markets recently valued his chances of a pardon at more than 60%, though those odds have slipped closer to even.
Still, the prospect of a pardon has energized BNB bulls, with traders seeing it as a potential game-changer for Binance’s regulatory future and its native token.
Binance itself remains under Department of Justice oversight but is reportedly moving toward easing compliance monitoring.
BNB Price Analysis: Bullish and Bearish Scenarios
BNB has officially broken above the long-standing ascending channel that has guided its price for the past two years – a move that confirms a major breakout and opens the door to much higher targets.
With today’s high of $1,083, the token is now testing key resistance. If this momentum continues, the next leg could carry BNB to $1,500, followed by a potential run to $2,000 before year-end.
Source: TradingView
Momentum indicators are flashing bullish signals: the RSI is nearing 70 but not yet overbought, while the MACD has flipped sharply positive, both supporting the case for further upside.
However, if price loses steam and falls back below the channel breakout point, BNB may re-enter its prior range, with support near $760. But as it stands, bulls are firmly in control, and the path to $2,000 is on the table.
Will Politics Drive Price?
BNB’s trajectory now appears tied to both technical signals and political developments. A Trump pardon for CZ could serve as a powerful bullish catalyst, potentially sending the token to new highs.
Without it, traders must weigh whether BNB’s fundamentals and Binance’s ecosystem can sustain the momentum on their own.
As BNB Hits Record Highs, $HYPER Presale Secures $17 Million
As BNB approaches the $ 2,000 mark, Bitcoin Hyper ($HYPER) is emerging as one of the most exciting new crypto projects, pulling in over $17.69 million in its presale.
While most Layer-2s focus on Ethereum, Bitcoin Hyper is building a full ecosystem on Bitcoin itself.
It’s bringing the speed and low fees of Solana to Bitcoin, making it possible to use apps, trade, and send transactions faster and cheaper – all while staying backed by the security of the Bitcoin network.
At its core, Bitcoin Hyper is fixing two of Bitcoin’s biggest problems: slow speeds and high fees.
It opens the door for developers to launch DeFi apps, NFTs, meme coins, and even full gaming projects directly on the Bitcoin network.
The $HYPER token fuels everything in this new ecosystem – it’s used for transactions, staking, and voting on key decisions.
And with early buyers able to earn up to 66% APY in staking rewards, there’s serious momentum building around this presale.
To buy $HYPER, simply visit the official Bitcoin Hyper website and connect a supported wallet, like Best Wallet.
You can use existing crypto or a credit/debit card to complete the transaction.
