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Binance Coin shows bullish trends amid BNB Chain expansion plans
Binance Coin (BNB) has recently experienced a significant upward trend, trading near the $713 to $730 range. Technical analysis indicates that BNB has surpassed major moving averages, establishing a bullish structure with primary support between $650 and $670. While the asset has entered overbought territory with a Relative Strength Index (RSI) of approximately 73, analysts suggest a short-term correction or consolidation may occur as buyers face resistance near $730.
Long-term price speculation includes aggressive targets as high as $3,000, though such levels remain highly speculative and would require a substantial increase in network activity and token burns. To support growth, BNB Chain is implementing a roadmap for the second half of 2026 aimed at doubling mainnet throughput. Additionally, developers are working on a new Layer-1 architecture designed to handle over 100,000 transactions per second to accommodate high-frequency trading and the growing economy of autonomous AI agents on the network.