Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum

Mitrade
coverImg
Source: DepositPhotos

The BNB price is sitting below the spotlight that has surrounded Bitcoin, Ethereum, and Solana in recent months, but a new technical outlook suggests that this quiet phase may be exactly where the larger setup is forming. 

Crypto analyst Crypto Patel has predicted that BNB could be one of the biggest trades of the cycle, with a long-term chart target reaching as high as $12,000.

BNB Is Repeating A Multi-Year Breakout Structure

Most of the industry’s attention has been locked in the constant competition between Ethereum and Solana, but BNB has been quietly assembling a multi-layered technical and fundamental case that crypto analyst Crypto Patel believes points to a price target of $12,000. 

The $12,000 projection is bold, especially with BNB trading around $626. However, the Fibonacci structure on Crypto Patel’s BNB chart tells a longer story that supports this projection, alongside a few fundamental factors that are live on the BNB chain.

The 3-week candlestick chart maps BNB’s full price history from its 2018 lows around $1.41, through the 2021 blow-off top above $662, and into the current price action. According to this setup, BNB is currently moving just above a broad support zone between roughly $300 and $600, with the analyst labeling the area as the best accumulation zone.

BNB

The setup also includes Fibonacci retracement levels around $657 and $417 within the support zone. The outlook here is a bounce from any Fibonacci level that sends the BNB price to new all-time highs. The chart projects three upside targets from this base: Target 1 at $2,112, Target 2 at $5,000, and Target 3 at $12,000. 

At the time of writing, BNB is trading at $626.5. Therefore, a move to $12,000 from the current price would require an increase of 1,895%. 

BNB Chain Is Quietly Pulling In Tokenized Finance Giants

A major reason behind Crypto Patel’s $12,000 price prediction is based on what is currently going on within the BNB Chain. Notably, recent updates have placed the BNB Chain in a position that is no longer termed only as a retail chain. 

Crypto Patel pointed to the presence of major tokenized finance products on BNB Chain, including BlackRock’s BUIDL, Franklin Templeton’s BENJI, and VanEck’s VBILL as examples.

BNB Chain’s institutional finance page confirms that BlackRock’s BUIDL has been live on BNB Chain since 2025 through Securitize, providing qualified investors on-chain access to tokenized US dollar yields. The same institutional page also lists Franklin Templeton’s OnChain US Government Money Fund, BENJI, as part of the network’s tokenized finance stack

Other fundamentals supporting ultra-bullish BNB price targets include the launch of the first 2x leveraged BNB ETF approved in the US, over 30 public companies building BNB treasury plays, over 31 million daily transactions, 40% of global stablecoin volume, and pending Spot BNB ETF applications from firms including VanEck and Grayscale, among a few others.

BNB

mitrade Don't Miss Today's Market    Moves Start trading Forex, Gold & Crypto today    Regulated platform | Fast withdrawals


* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Related Articles
placeholder
Crypto Crash Wipes Out 7% in 24 Hours: What’s Next?The total crypto market capitalization has fallen sharply to $2.32 trillion. The decline has wiped out roughly 17% of the market value in less than three weeks.Bitcoin (BTC) trades near $67,400, down
Author  Beincrypto
Jun 03, Wed
The total crypto market capitalization has fallen sharply to $2.32 trillion. The decline has wiped out roughly 17% of the market value in less than three weeks.Bitcoin (BTC) trades near $67,400, down
placeholder
TON price soars 13% as Telegram revives original Gram token brandThe price of Toncoin surged more than 13% within 24 hours after Telegram announced a major branding shift that brings back the token’s original name, “Gram.” After long shelving its crypto network plans amid regulatory scrutiny, Telegram has taken control of The Open Network. The rebranding news sent the token to a high of $2.26...
Author  Cryptopolitan
Jun 02, Tue
The price of Toncoin surged more than 13% within 24 hours after Telegram announced a major branding shift that brings back the token’s original name, “Gram.” After long shelving its crypto network plans amid regulatory scrutiny, Telegram has taken control of The Open Network. The rebranding news sent the token to a high of $2.26...
placeholder
Cardano Price Could Close May Below This Multi-Year Support — What’s Next?After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has
Author  NewsBTC
Jun 01, Mon
After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has
placeholder
Shiba Inu Traders Withdraw 204 Billion SHIB Amid Sharp Drop In Futures ActivityTraders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s
Author  NewsBTC
May 29, Fri
Traders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s
placeholder
Dogecoin Rally Loading? Analyst Eyes ‘Imminent Breakout’ From Textbook Falling Wedge PatternAs Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related
Author  NewsBTC
May 28, Thu
As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related
Live Quotes
Name / SymbolChart% Change / Price
BNBUSD
BNBUSD
0.00%0.00

crypto Related Articles

  • How to Buy Crypto in Australia (2026 Guide)
  • Top 10 Best Cryptocurrencies to Buy Right Now: Australia Investor Guide (2026)
  • 7 Best Crypto Exchanges in Australia (2026) – Compare Fees, Features & Security
  • How to Buy Bitcoin in Australia in Just 3 Minutes

Click to view more