- Cas Abbé projects a Q3 BNB rally to $780–$800, citing strong fundamentals and growing dominance of Binance’s central exchange.
- Crypto Patel notes BNB’s chart mirrors a past 10x surge, identifying $2,000 and $5,000 as potential breakout targets.
- Nano Labs plans to raise over $500 million for BNB purchases, reflecting rising institutional demand and long-term market confidence.
BNB is attracting market attention as analysts cite improving fundamentals, strong chart structure, and increased capital interest in the asset.
Cas Abbé Projects $780–$800 BNB Target in Q3
Cas Abbé described BNB as “one of the best looking charts out here” in a tweet that has gained traction among market watchers. He pointed to several factors contributing to his bullish stance, including record highs in BNB Chain fundamentals and Binance CEX dominance reaching its highest level in a year.
Abbé also revealed that Nano Labs is raising over $500 million to purchase BNB, indicating institutional-scale interest in the token. He suggested that approval of a BNB spot ETF in 2025 is highly probable, further boosting confidence in BNB’s long-term positioning. Based on current developments, Abbé projects a Q3 price target between $780 and $800.
His analysis is rooted in growing ecosystem activity and broader market trends, which continue to favor large-cap tokens showing strength and capital inflow.
BNB Price Holds Key Support Amid Pattern Recognition
BNB is currently trading at $649.12, showing a 0.45% increase over the past 24 hours and a 6.60% gain in the last seven days. Crypto analyst @CryptoPatel emphasized that BNB is holding firmly above support levels while forming a familiar structure.
He noted that the last time BNB broke out from this kind of setup, the token surged more than 1,800%. Patel identified two upside targets, placing the first above $2,000 and the second at $5,000, should the trend replicate historical performance.
His observation adds a technical layer to Abbé’s fundamental thesis, combining chart structure with market data to support the case for a potential BNB breakout.
Institutional Moves and Ecosystem Metrics Shape Market Focus
Nano Labs’ planned $500 million acquisition of BNB is contributing to the growing speculation of large-scale investor interest. This development coincides with rising BNB Chain activity and increased trading volume on Binance.
With Binance CEX dominance at a one-year high, and ecosystem growth accelerating, investor sentiment is leaning toward bullish territory. Analysts are closely monitoring price movement and volume as the asset positions for a potential Q3 move toward Abbé’s target range.