BNB Holds Strong Above $1100 Support as BSC Addresses Reach 3.6 Million
Summary
Binance Coin (BNB) is demonstrating a strong bullish trend, holding firm above the critical $1,100 support level after rebounding from $600 to a high of $1,300, guided by a consistent ascending trendline.
This price stability coincides with a significant surge in Binance Smart Chain (BSC) activity, which reached an all-time high of 3.62 million daily active addresses on October 13, 2025. Analysts link this heightened network engagement, driven by DeFi and blockchain utility, directly to sustained market demand and price momentum for BNB.
At press time, BNB traded around $1,150.54. The market structure suggests that maintaining support between $1,120 and $1,140 could lead to a retest of resistance near $1,180, reinforcing the long-term uptrend supported by expanding on-chain utility.
(Source:Brave New Coin)