Binance Coin (BNB) Price: Bulls Target $1,000 as CZ Predicts Super Cycle
TLDR
Binance Coin price reached $907 with bulls eyeing the $1,000 level after holding above $900 support
BNB chain daily revenue surged past $1.3 million, the highest in two months, outperforming Bitcoin, Tron, and other major networks
Former Binance CEO CZ predicted an incoming crypto super cycle following the SEC removing crypto from its 2026 priority risk list
Grayscale filed for a BNB ETF in Delaware while VanEck’s VBNB ETF S-1 amendment awaits approval
BNB chain transactions jumped to 17 million in 24 hours, up $4 million in two weeks, though DeFi activity remains weak
Binance Coin price climbed to $907 over the weekend as the broader crypto market gained momentum. Bitcoin held above $90,000 while Ethereum traded above $3,100 during the same period.
The rally followed comments from Binance founder Changpeng Zhao, known as CZ, who suggested a crypto super cycle may be approaching. He made these remarks after the U.S. Securities and Exchange Commission removed cryptocurrencies from its priority risk list for 2026.
I could be wrong, but Super Cycle incoming. https://t.co/6TLldEMmGA
— CZ BNB (@cz_binance) January 10, 2026
CZ pointed to growing institutional demand as evidence of the potential super cycle. He noted that while retail investors sold during market downturns, major banks like Wells Fargo increased their positions. Wells Fargo purchased $383 million in Bitcoin ETF shares according to regulatory filings.
Morgan Stanley also filed for its own spot Bitcoin ETF last week. These moves show traditional financial institutions are increasing their exposure to digital assets.
The BNB chain has shown strong performance in revenue generation during the first 10 days of 2026. Daily chain revenue exceeded $1.3 million for the first time in two months. This figure represents a sharp increase from December when daily revenue fell below $600,000.
Network Activity Shows Mixed Signals
The BNB chain outperformed other major networks including Bitcoin, Tron, Aptos, and Base in terms of revenue. According to CryptoQuant, this surge reflected increased trading activity on the network.
We have a solid expansion on our hands up to $1050, if we reclaim $936 support zone. pic.twitter.com/D0bcH8l4lJ
— Crypto Tony (@CryptoTony__) January 11, 2026
Transaction counts on the BNB chain have been rising. Daily transactions jumped to 17 million, marking a $4 million increase within two weeks. However, this remains below the peak of 31 million transactions reached in October.
The network had experienced a drop in activity from October to December. Daily transactions fell below 13 million near mid-December during the broader market downturn.
DeFi volumes on the BNB chain remained relatively low despite the surge in overall network activity. The Binance exchange contributes most trading volumes, and retail participants primarily use centralized exchanges rather than DeFi platforms.
ETF Developments Could Bring Institutional Capital
Grayscale registered its first BNB ETF in Delaware this week. The filing comes after multiple cryptocurrencies received spot ETF approvals in the previous year.
VanEck filed an S-1 amendment for its VBNB ETF last year. This application could potentially be the first BNB ETF to receive approval and list on the market.
BNB ETF approvals would allow institutional investors to gain exposure to the BNB chain ecosystem through regulated investment products.
Technical analysis shows BNB price holding above the $900 support level on the 4-hour chart. The next resistance sits near $950, followed by the psychological barrier at $1,000.
The MACD indicator displays a bullish crossover with the blue line above the signal line. The histogram shows positive bars indicating accumulating buying pressure.
The RSI stands at 56.10, showing moderate strength without reaching overbought conditions. This suggests room for further upside before potential selling pressure emerges.
Traders are watching for a potential 10% rally toward the $1,000 level if momentum continues. The critical support zone remains at $850, with lower support around $820 if selling pressure increases.
BNB price currently sits 34% below its all-time high at $907.
The post Binance Coin (BNB) Price: Bulls Target $1,000 as CZ Predicts Super Cycle appeared first on CoinCentral.
Filed under: News - @ January 12, 2026 8:24 am