BNB worth more than Intel – Next stop $1,200?

INFBusiness
21.09.2025
News

While Bitcoin, Ethereum, and with them large parts of the crypto market are currently in a lurking position, one coin is standing out: BNB. Binance's cryptocurrency just this week reached a new record high of over $1,000.
And the ride didn't seem to be over yet. BNB has now surpassed this level as well, trading near $1,100 at the time of writing. Overall, this represents an increase of almost 8 percent compared to the previous day.
This brings BNB's market capitalization to nearly $150 billion. Binance's coin is now worth more than chip manufacturer Intel (market capitalization $138 billion).
After the all-time high, a large portion of investors in the derivatives markets had actually assumed that BNB might be about to sell off. They have now been punished for this assumption, as the liquidation data shows.
In total, nearly $10 million was wiped out on the derivatives markets in the last 24 hours. Investors betting on falling prices accounted for $9.1 million.
Trading activity for BNB futures and other financial contracts also led to a new all-time high in open interest, with $2.4 billion currently still open.
Meanwhile, there appear to be several reasons for the BNB rally. Binance founder Changpeng “CZ” Zhao listed some in an X-post.
On the one hand, there is the US government's crypto-friendly approach, which is having a generally positive impact on investor sentiment. On the other hand, the ecosystem is benefiting from an update that has significantly improved performance. CZ highlighted faster block times and lower transaction fees.
The question remains: what's next for BNB? In his analysis, BTC-ECHO analyst Stefan Lübeck sees the area around $1,200 as the next relevant area. However, a pullback to $896 is likely first, before a recapture of the zone around the all-time high leads to a breakthrough to the target.

Anyone wanting to participate in the rally can do so via Bitpanda. The EU-certified crypto exchange scores points primarily for its low fees and its wide selection of coins and tokens.

Recommended Video: What's happening now with Bitcoin & Altcoins – Fed decision today!