- BNB’s market cap has surpassed UBS, placing it 6th on the global crypto rankings.
- Binance CEO CZ calls on banks to integrate BNB into financial systems.
- Analysts forecast a rally toward $2,000–$2,200, with $996 as the next near-term target.
In a milestone moment for crypto, Binance Coin (BNB) has now outpaced Union Bank of Switzerland (UBS), the world’s largest private bank, in total market value. The achievement not only cements BNB’s place among the most valuable digital assets but also signals how quickly decentralized tokens are climbing into the ranks once reserved for traditional finance heavyweights. Currently ranked 6th on CoinMarketCap, BNB is pushing for new highs with strong analyst backing.
CZ Urges Banks to Integrate BNB
Binance CEO Changpeng Zhao weighed in on the accomplishment, emphasizing that banks will eventually need to adopt BNB. He even offered support to any institution willing to integrate the token into their systems. Zhao’s remarks underscore a larger vision of merging centralized banking infrastructure with decentralized digital assets—a move that could redefine the global financial landscape if embraced.
Analysts See $2K Price Target for BNB
BNB trades around $928, with experts predicting further upside. Carl Moon, a well-followed crypto analyst, suggested BNB might first see a backtest near its previous all-time high of $793 before making a push toward $2,200. His outlook frames BNB as firmly in “price discovery” mode, where momentum and demand could accelerate gains once resistance levels are cleared.
Technical Data Suggests More Upside
CoinCodex stats show that BNB could rise another 6% by mid-October, targeting $996. A successful push into four-digit territory would mark a significant milestone for the token, further solidifying its role as a leading asset in the broader crypto market. If institutional adoption strengthens alongside retail enthusiasm, BNB may well be on a path toward doubling its current value in the next cycle.