BNB hits $1,250. How high can it go? Check forecast

Key takeaways

  • BNB has hit a new all-time high of $1,258.
  • The coin has rallied by over 20% in the last seven days, outperforming the broader market. 

BNB hits a new ATH as active monthly addresses soar

BNB, the native coin of the Binance ecosystem, has hit a new all-time high of $1,256. The rally comes as BNB Chain continues to set new and impressive records. BNB Chain monthly active addresses surged to an all-time high of 60 million, up 200% since the start of the year. 

In addition to that, BNB’s Total Value Locked (TVL) increased from $7.58 billion on September 27 to $8.69 billion on Monday, its highest level since May 2022. The surge in its TVL indicates growing activity within the BNB ecosystem 

Finally, data obtained from CoinGlass shows that the futures’ Open Interest (OI) in BNB at exchanges hit a new all-time high of $2.57 billion on Monday. The surge in OI shows that new money is entering the market, with buyers betting on BNB rallying higher in the near term. 

Will BNB hit $1,500 soon?

The BNB/USD 4-hour chart is bullish and efficient as the coin has been rallying in recent weeks. The coin rebounded from a key support level of $730.01 on August 3 to surpass $1k on September 21. 

BNB/USD 4H Chart

After retesting the low of $948.45 on September 26, BNB has added 24%  to its value and now trades above $1,250 per coin. If BNB continues its rally, it could hit the $1,300 mark in the near term. An extended rally would allow it to trade above $1,500 for the first time in its history. 

The BNB/USD 4-hour RSI of 81 shows that the coin is currently heading into the overbought region. The Moving Average Convergence Divergence (MACD) showed a bullish crossover last week, indicating a bullish bias. 

However, BB could face a correction following its recent rally. If that happens, BNB could find support at its recent low of $1,134.

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Starknet price spikes 20% amid Bitcoin bullish setup

  • Starknet jumps 20% amid Bitcoin’s spike to new all-time high
  • The rally for BTC helped most altcoins higher, with projects in the Bitcoin decentralized finance ecosystem among top gainers.
  • Starknet’s rollout of BTC staking recently is a potential catalyst for further upside.

As Bitcoin surged past $126k for its first all-time high of the largely bullish month of October, Starknet (STRK) stood out as one of the top gainers on the day.

STRK price capitalized on the BTC momentum to highs of $126,198 to post sharp gains to highs near critical resistance level of $0.20, signaling renewed investor appetite that could drive more gains.

Starknet price spikes 20%

Starknet’s STRK token led altcoin performers, rocketing 20% in the last 24 hours to reach $0.1964.

This marked the project’s strongest daily showing since its February 2025 mainnet launch, with trading volume exploding by more than 400% to $305 million.

Data shows the STRK/USDT pair saw the most frenzied activity, with millions of dollars in trades seen across Binance, Bybit and OKX among other top crypto exchanges.

The rally pushed Starknet’s market capitalization to $796 million, elevating it into the top 100 coins by market cap. STRK ranked 95th in global rankings as of writing.

Notably, the Starknet price has climbed by over 40% in the past month.

STRK price outlook: breakout and retest

As on-chain metrics show, active wallets and transaction volume on the Starknet network has seen a significant bump in activity.

With utility-driven demand rather than mere speculation, bulls managed to hold onto a bullish set up.

STRK has broken out of a multi-month descending triangle pattern, with the relative strength index (RSI) hovering at 65. The retest aligns with a bullish reversal setup.

On the downside, support levels are now firm at $0.15. Meanwhile, resistance looms at $0.20, a psychological barrier that could unlock further gains if breached.

Starknet price chart by TradingView

BTC spike and what it means for STRK

Bitcoin’s ascent to a record $126,198 was like a powerful tide that lifted altcoins.

Projects to record particular gains include those bridging Bitcoin liquidity to Ethereum’s scalability layers.

Starknet, which enables BTC holders to stake wrapped assets like WBTC for STRK rewards, stands among top gainers with its 20% uptick.

Bitcoin staking on the network went live in mid-September.

On Sept. 30, the Starknet team posted:

“Bitcoin staking is fully live on Starknet Mainnet. BTC is now part of Starknet’s staking mechanism, letting Bitcoiners secure the network and earn rewards alongside STRK stakers.”

The integration has drawn institutional eyes, while Starknet’s decentralized sequencers and fee-burning mechanisms are features set to enhance its appeal.

Bitcoin’s growth includes record flows into BTC exchange-traded funds, an indicator of further interest.

Meanwhile, Bitcoin’s safe-haven status as the US government shutdown continues means momentum for BTCfi alts could be significant.

As Bitcoin eyes $135k per Standard Chartered forecasts, Starknet’s uptick could involve a push for $1. Key barriers include $0.35 and $0.80.

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Bitcoin ETFs draw $1.18B in a day, near historic record amid rally

  • US. spot Bitcoin ETFs log $1.18 billion inflows, second-largest ever.

  • Bitcoin hits record high above $126,000 before easing slightly.

  • Institutional buying through ETFs fuels rally amid “Uptober” optimism.

Spot Bitcoin exchange-traded funds (ETFs) in the United States registered their second-largest day of inflows ever on Monday, coinciding with Bitcoin’s surge to a new record high above $126,000.

Data from Farside Investors showed that the 11 US-listed spot Bitcoin ETFs pulled in a combined $1.19 billion in a single day, trailing only the $1.37 billion inflows recorded on November 7, 2024, following Donald Trump’s presidential election victory.

Monday’s surge brought total inflows for October to $3.47 billion in just four trading days.

Bloomberg ETF analyst James Seyffart noted on X that Bitcoin ETFs have now amassed approximately $60 billion in cumulative inflows since their launch last year — a reflection of sustained institutional interest in Bitcoin exposure.

BlackRock dominates ETF inflows

The BlackRock iShares Bitcoin Trust (IBIT) led the pack with an extraordinary $970 million in inflows on Monday.

The fund has now attracted $2.6 billion since the start of October and is nearing a historic milestone.

According to Nova Dius President Nate Geraci, the BlackRock ETF is close to crossing the $100 billion mark in assets under management (AUM), holding approximately 783,767 BTC valued at about $98.5 billion in Bitcoin and cash.

Date IBIT FBTC BITB ARKB BTCO EZBC BRRR HODL BTCW GBTC BTC Total
01 Oct 2025 405.5 179.3 59.4 5.9 0.0 0.0 0.0 6.6 0.0 9.2 9.9 675.8
02 Oct 2025 466.5 89.6 11.2 45.2 0.0 0.0 0.0 1.7 0.0 2.8 10.2 627.2
03 Oct 2025 791.6 69.6 24.0 35.5 0.0 0.0 0.0 26.0 0.0 18.3 20.1 985.1
06 Oct 2025 970.0 112.3 60.1 0.0 7.5 3.6 0.0 6.0 0.0 30.6 0.0 1,190.1

“The Vanguard S&P 500 ETF took more than 2,000 days to reach $100 billion in assets, while IBIT is on the verge of doing it in under 450 days,” Geraci observed, highlighting the unprecedented pace of capital accumulation.

Only 18 out of over 4,500 trading ETFs have surpassed $100 billion in AUM, he added.

Other major beneficiaries included the Fidelity Wise Origin Bitcoin Fund (FBTC), which saw $112 million in inflows, the Bitwise Bitcoin ETF (BITB) with $60 million, and the Grayscale Bitcoin Mini Trust (BTC) with $30 million.

Institutional momentum and the “debasement trade”

Bitcoin’s rally has been heavily driven by institutional participation through ETFs, allowing large investors to gain exposure without the need for direct custody.

Analysts suggest that retail participation remains limited, underscoring the role of institutional capital in the current bull phase.

The latest rally has also been supported by what traders term the “debasement trade” — a shift toward non-sovereign assets such as Bitcoin and gold amid the ongoing US government shutdown, which has delayed key economic data and heightened policy uncertainty.

The move into Bitcoin reflects a broader sentiment among investors seeking protection against potential monetary easing and inflationary pressures.

Bitcoin steadies after record high

After touching an all-time high of $126,186 on Monday, Bitcoin pulled back slightly due to profit-taking but remained firm.

On Tuesday, the cryptocurrency traded flat at around $123,427.9.

US spot Bitcoin ETFs recorded $3.2 billion in net inflows in the week ended October 3 — the second-largest weekly haul since their inception — including $985 million on October 3 alone.

Seasonal optimism, commonly referred to as “Uptober,” has also contributed to the market’s buoyant tone.

Historically, October has been a strong month for Bitcoin, and investors appear to be positioning accordingly.

Despite minor pullbacks, analysts note that the confluence of ETF demand, macroeconomic uncertainty, and seasonal strength continues to reinforce Bitcoin’s upward trajectory.

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The Paraguayan power play: How a shocking production boost sent HIVE’s stock soaring 25%

  • HIVE Digital stock surged over 25% after a strong September production report.
  • The company mined 267 BTC, an 8% increase from the previous month.
  • Year-over-year production has grown a massive 138 percent.

In a stunning display of operational excellence and rapid expansion, the Canadian Bitcoin miner HIVE Digital Technologies has delivered a jolt of power to the market, announcing a substantial and surprising increase in its Bitcoin production that sent its stock soaring over 25 percent.

The news is a powerful testament to the success of the company’s aggressive growth strategy, particularly its massive new facility in the heart of South America.

The market reaction was swift and decisive. Following the announcement, HIVE’s stock jumped more than 25 percent, closing at $5.57 on October 6.

This surge was a direct response to a stellar September production report, in which the company mined 267 BTC—an 8 percent increase from August and a staggering 138 percent jump in year-over-year growth.

The Paraguayan power play

The engine behind this explosive growth is the company’s new 100 MW Phase 3 Valenzuela plant in Paraguay.

HIVE confirmed that the facility, which is powered exclusively by renewable hydroelectric energy, is coming online “ahead of schedule.”

Almost half of the facility’s total hashrate capacity is now operational, a major milestone that has immediately translated into a surge in daily production, which now averages over 9 BTC per day.

This rapid deployment has had a dramatic effect on the company’s overall operational power.

HIVE’s average hashrate—the computational power it uses to mine Bitcoin—surged by 19 percent from August to September alone, a clear sign of the new facility’s immediate impact.

Beating the network: a story of surging efficiency

But this is not just a story of brute force; it is a story of remarkable efficiency.

During the same period that HIVE’s own hashrate grew by 19 percent, the entire Bitcoin network’s mining difficulty—a measure of how hard it is to mine a new block—rose by 16 percent.

HIVE’s ability to outpace the network’s own growth is a critical signal that it is operating with increasing efficiency, a key factor in a miner’s long-term profitability.

A glimpse into a high-powered future

The company’s leadership has made it clear that this is just the beginning.

Executive Chairman Frank Holmes praised the Paraguay team for advancing Phase 3 “ahead of schedule,” a sentiment echoed by the company’s ambitious forward guidance.

President and CEO Aydin Kilic has confirmed HIVE’s expectation of reaching a total hashrate of 25 EH/s by US Thanksgiving, a significant jump from its current peak of 21.7 EH/s.

He also noted a projected fleet efficiency of 17.5 joules/terahash, a key metric in a competitive market.

With all of the necessary ASIC mining machines for the Paraguay expansion already shipped, the path to this next phase of growth appears clear.

For HIVE, the Paraguayan gambit is paying off, and the market has taken notice.

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PancakeSwap price jumps 14% as DEX platform launches CAKEPAD

  • PancakeSwap (CAKE) price jumped 14% to highs of $3.90.
  • CAKEPAD replaces IFOs with direct wallet commitments and full fee burns for deflation.
  • PancakeSwap’s price could eye $10 amid overall market bounce.

PancakeSwap’s native token, CAKE, has seen a 14% price increase over the past 24 hours.

The gains come after the decentralized exchange platform introduced CAKEPAD, an innovative token launch mechanism poised to enhance user engagement and token utility.

PancakeSwap price jumps 14%

CAKE extended its rally on Monday, climbing 14% in the past 24 hours to reach $3.90 — its highest level since December 2024.

The latest move pushed the token’s monthly gains to more than 55%.

The price breakout follows a prolonged consolidation phase during which CAKE traded below $3.00, forming an ascending triangle pattern that set the stage for bullish momentum.

Renewed buying interest and improving fundamentals have since driven the altcoin to multi-month highs.

Trading activity on PancakeSwap surged sharply, with daily volumes jumping 169% to over $663 million — a milestone that helped fuel the rally.

The platform has also been outperforming peers such as Uniswap in spot decentralized exchange activity, reinforcing its dominance among retail traders.

PancakeSwap’s ongoing token burn program has further supported prices by reducing supply.

With an increasing number of CAKE tokens permanently removed from circulation, bullish sentiment around the asset has strengthened.

PancakeSwap price chart by CoinMarketCap

PancakeSwap launches CAKEPAD

PancakeSwap’s price gains come amid the platform’s launch of CAKEPAD.

The DEX protocol announced the unveiling of the new platform on Monday, October 6, 2025.

CAKEPAD is a multi-chain platform that grants users exclusive early access to vetted tokens prior to their exchange listings.

The launch, which sees CAKEPAD replace the previous IFO platform, eliminates traditional barriers like staking requirements and lock-up periods, democratizing participation for retail and institutional users alike.

“We’re excited to introduce CAKE.PAD, the new and improved early token access experience on PancakeSwap, giving you exclusive early access to new tokens before they hit exchanges,” the platform wrote in a blog post.

A key feature of the platform is the permanent burning of CAKE fees generated from related events.

Like other initiatives, this has the potential to further reinforce the token’s deflationary economics and utility.

CAKE price outlook

From a technical point of view, PancakeSwap’s price is largely bullish.

The Relative Strength Index for CAKE stands at 69 amid sustained buying pressure.

However, since it’s not overextended into the overbought territory, bulls could yet see another leg up.

CAKE price chart by TradingView

Combining this outlook and overall market optimism, including BNB’s rise to all-time highs above $1,200, suggests the DEX token is trending into bullish territory.

But while bulls could target $5 and even the $10 mark, a drop below $3.50 could trigger a short-term correction.

In this case, the $3.00 area is a major support level.

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