BNB Rallies Towards $1,000 as Tokenized Stocks Reach $3.5 Billion
BNB's price has been steadily increasing since its July 1 low of $538. By September 19, it had reached $769, a gain of roughly 44%. The token is now approaching the $794 resistance level, with continued Binance activity being a key factor in determining whether the rally will continue.
The surge in BNB's price can be attributed to rising interest in Binance. As Bitcoin and altcoins trade on the platform, increased exchange usage has boosted activity across Binance, supporting demand for BNB according to supplied data.
With $1 billion in tokenized stocks market capitalization, BNB Chain leads the market, followed by Ethereum at $754 million and Solana at $679 million. If BNB fails to break through the $794 resistance level, the rally could lose momentum, sending BNB's price back towards $675.
For now, the immediate technical checkpoint for BNB is $794, with continued Binance activity providing a fundamental backdrop for a possible move towards $1,000 by the end of 2026.