Binance Coin (BNB) Price: Can the Token Break Through the $915 Key Level?

TLDR

• Binance Coin (BNB) traded near $873 on Tuesday with a small 1% daily gain and market cap close to $119 billion
• The $900-$915 zone remains a key resistance level that has blocked rallies throughout late 2025
• BNB futures open interest reached $1.39 billion with a 2% increase in the past 24 hours
• Prediction markets on BNB Chain surpassed $20.91 billion in cumulative trading volume over the weekend
• Grayscale filed an S-1 form with the SEC last week to launch a spot BNB Exchange-Traded Fund

Binance Coin posted modest gains on Tuesday, trading near $873 as the token attempts to challenge a critical resistance zone. The cryptocurrency rose approximately 1% over the past day with a market value close to $119 billion.

Price action showed movement between an intraday high near $878 and a low just under $860. Trading data from Coinglass indicated futures open interest reached $1.39 billion in the last 24 hours, representing a 2% increase.

Futures volume dropped to around $393 million. The figures suggest traders are adjusting or extending positions rather than opening new trades.

The $900-$915 band has emerged as an important ceiling for BNB. This zone blocked rallies through late 2025 and previously acted as support earlier this month before price dropped below it.

Binance Coin remains far from last year’s peak above $1,000. The token briefly topped $1,100 during that period.

On-Chain Activity Shows Steady Participation

On-chain activity on BNB Chain demonstrated consistent participation over the past day. DEX volume came in near $1.68 billion with perpetuals adding another $480 million.

Data from DeFiLlama shows BNB Chain captured close to 17% of the roughly $10 billion traded across major decentralized exchanges.

The short-term chart continues to lean bearish. BNB trades below a key consolidation zone on the 4-hour timeframe.

The token slipped out of a broad sideways range that has held since late December. After failing to maintain levels near the $930-$950 region, price turned lower and moved back toward the bottom of the structure.

Current candles show fading momentum after a rejection at a small resistance band. That area sits between roughly $905 and $935 where several Fibonacci levels overlap.

The chart displays a clear corrective ABC pattern forming inside a broader consolidation. Price now sits just above the $860 zone which has acted as support in recent sessions.

Prediction Markets Reach New Milestone

BNB Chain announced on Monday that prediction markets in the ecosystem reached a new milestone. Cumulative trading volume surpassed the $20.91 billion mark over the weekend.

The BNB Chain has expanded its presence with key players including Opinion Labs, Probable, Myriad Markets, Predict.Fun, and XO Markets.

According to Dune data, prediction markets within the ecosystem have seen a surge since Q4. Volume increased nearly 89% just in the past month.

DeFiLlama data shows three platforms in the BNB ecosystem currently rank among the top five prediction markets. They trail only Kalshi and Polymarket.

Opinion Labs ranks third with its 7-day and 30-day trading volumes reaching $725.56 million and $3.35 billion respectively. Open interest exceeded $144 million as of late January.

Probable recorded $558 million in volume over the past seven days and $1.05 billion in the last 30 days. The platform reached $1.4 billion in notional volume and over 17,000 users just a month after launch.

Grayscale filed an S-1 form with the US Securities and Exchange Commission last week to launch a spot Exchange-Traded Fund based on BNB. The Grayscale BNB Trust would offer investors exposure to the token without direct ownership.

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