• As of early October 2025, BNB has risen strongly.
• Rising TVL in BNB Chain DeFi Ecosystem, Positive Binance Developments and Broader Altcoin Market Recovery aids in the coin’s bull run
• A wider trend of market sentiment is shifting away from Bitcoin dominance.

The cryptocurrency market is experiencing fresh strength, with Binance Coin (BNB) leading the wider rally in altcoins. As of early October 2025, the coin has risen strongly, an indication of a mix of technical, on-chain, and macroeconomic indicators fueling investors’ interest. At press time, the coin is trading at $1,285.78 with a 5.48% increase rate. Below are three of the most important factors for this bull run.

Also Read: BNB’s $1,200 Breakout Marks Key Turning Point for Crypto Investors

Rising TVL in BNB Chain DeFi Ecosystem

The value locked in Binance Coin Chain DeFi protocols has grown consecutively over the last 30 days, as per DeFiLlama. Large protocols such as Venus, PancakeSwap, and Helio Protocol have had more user interactions and capital inflows. Gaining TVL means confidence is rising in the network, along with more use cases for the altcoin, which is utilized for staking and gas fees.

Positive Binance Developments

The performance of BNB correlates very much with Binance, the exchange on which it was initially listed. Binance recently announced new regulatory licenses in strategic jurisdictions and reinstated operations in previously scaled-down markets. The moves have contributed to renewed investor confidence in the ecosystem, by extension supporting BNB indirectly.

According to the data provided by TradingView, the cryptocurrency is experiencing resistance (yellow) at $1,320.9 and can boost up to $1,360 if it goes beyond the said resistance level. The support level (blue) of the coin is at $1,215.5 and can dip to $1,200 if the price drops below the support. The Exponential Moving Average (EMA) indicates the coin experiencing bullish momentum since the EMA line is below the candlesticks.

Broader Altcoin Market Recovery

BNB’s rally is not in complete isolation. Other large altcoins such as Solana (SOL), Avalanche (AVAX), and Cardano (ADA) also posted double-digit increases over the last week. The overall altcoin market capitalization has increased more than 8% in the last week, as per CoinMarketCap. This indicates a wider trend of market sentiment shifting away from Bitcoin dominance.

The data from CoinGlass indicates that the coin is under a strong bullish trend. This momentum is noted with remarkable gains on weekly, monthly, and yearly scales, notwithstanding a slight 4-hour setback of -2.21%. Its 7-day and 30-day gains of +24.59% and +49.02% demonstrate increased market confidence and persistent buying pressure. Generally, the steady upward trend of BNB suggests a strong long-term trend with slight short-term setbacks.

Also Read: BNB’s $1,200 Breakout Marks Key Turning Point for Crypto Investors