The post BNB Price Holds Strong as Daily Fees Drop Sharply: Is $1000 Next Big Target? appeared first on Coinpedia Fintech News

BNB price today is showing strength despite Binance’s daily fees witnessing a steep decline since August 8, 2025. According to recent CryptoQuant data, while the BNB price chart continues to trend upward, daily fees have fallen sharply, and this is signaling an important development in Binance’s ecosystem.

Meanwhile, the experts are more optimistic after a recent all-time high was reached and expect a near-term target at $1000 mark and long-term goes upto $12000 mark.

Why Binance’s Daily Fees Declined & Pushing BNB Price Higher?

The CryptoQuant insights have revealed a chart illustrating a divergence between BNB’s daily fee levels and BNB crypto’s market price. 

While the orange line firmly represents that daily fees have trended downward, the blue line of BNB price USD continues to move higher.

This shift is addressed by Cryptoquant insights as a bullish factor for several reasons. First, the BNB crypto users benefit directly from reduced transaction costs, making the network more appealing. 

Second, lower fees suggest less pressure on Binance’s infrastructure, which is supporting smoother and more efficient activity. 

And third, the move may reflect a strategic adjustment by Binance to remain competitive in an increasingly crowded market with other exchanges achieving nicely.

BNB Price On Daily, Weekly, & Monthly

On the daily chart, BNB/USD is exchanging hands at $871.9, reflecting a 1.88% intraday rise. The token currently boasts a market capitalization of $121.19 billion alongside $2.57 billion in 24-hour trading volume.

Notably, the BNB price chart has broken out of an ascending channel’s upper border this August, reinforcing the bullish momentum. 

Traders see this breakout as a significant technical shift, positioning BNB closer to the $900 round-number level.

From a technical perspective, an analyst gave their BNB price prediction on the weekly chart that suggests the token could extend its rally further. 

Analysts highlight that holding above $845 is very critical for bullish momentum. As a sustained weekly close at this level could trigger a parabolic move towards $1000.

While in another separate analysis on higher timeframes, the monthly BNB price forecast is even more ambitious. Key targets outlined include $2112, $5000, and ultimately $12,000, which depend on broader adoption and consistent bullish momentum. 

These projections are showing how long-term charts are painting a strong upward picture, though milestones like $1000 remain immediate focal points in the near term.

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Filed under: Bitcoin - @ August 28, 2025 12:13 pm