Overview

• BNB pushed past $1,200 to an intraday high near $1,223, holding most gains after a volume spike marked a new resistance zone around the recent peak.
• Network usage set fresh marks, with roughly 60 million monthly active users, 4.3 million daily users and 134 million transactions, per TokenTerminal.
• BNB Chain reclaimed top usage by active addresses in September at 52.5 million, aided by Aster Protocol’s TVL jump 570% to $2.34 billion and a minimum gas fee cut to 0.05 Gwei.
• Media reports cite new treasury allocations from Jiuzi Holdings and Kazakhstan’s Alem Crypto Fund as supportive demand drivers.
• Derivatives risk rose with futures open interest at a record ~$2.57 billion, while RSI readings above 71 signal overbought conditions and a pullback risk.