BNB Price Prediction: Institutions Accumulate as Binance Coin Battles Heavy Selling

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BNB price prediction

BNB price prediction is back under bearish light as the broader market suffers an abrupt decline. Following recent cautious policy remarks from Fed officials and renewed macro uncertainty, traders reacted with significant profit-taking.

Due to the bearish pressure, Bitcoin dropped below the key $106K mark, triggering market-wide panic selling. Over $1.374 billion in leveraged positions were liquidated, and the total crypto market cap declined by $200 billion within 24 hours.

BNB is among the cryptos hit hardest by this sudden downturn, sliding over 8% on November 3rd. With yesterday’s downward momentum, the BNB price continues to decline today, testing support levels near $930 as selling pressure persists.

The sell-off pushed the BNB price below the critical $1,000 psychological level. This has led disheartened investors to shift their focus to high-potential projects that are outperforming the market.

On-chain data indicates a significant capital rotation toward Best Wallet Token, which has attracted long-term BNB holders as a strong competitor to Binance. The project is currently in the presale phase and has already raised over $16.8 million in the initial stages. Let’s find out how it could overtake Binance Coin’s market share.

Corporations Quietly Build BNB Treasury Holdings

Despite the October 10 market crash and renewed short-term bearish sentiment, institutional interest in BNB remains strong. While retail investors shift funds, several public companies are continuing to expand their BNB treasury holdings.

Recently, Applied DNA Sciences, a biotechnology company, announced $58 million in private placement dedicated to its yield-focused BNB treasury strategy. Chief Investment Officer Patrick Horsman stated, “We see BNB as the next institutional grade blockchain and believe we’re well positioned to capitalize on its future growth.”

Image Courtesy: CoinMarketCap

According to CoinMarketCap data, public companies currently hold 608,000 BNB tokens, valued at approximately $591 million. Out of the total treasury holdings, CEA Industries holds 79% and Nano Labs holds the remaining 21%.

BNB Price Prediction: Will It Regain Strength or Drop Below $900?

BNB is struggling with immense downward momentum due to large-scale repositioning and mounting bearish pressure. It was performing well by holding above the $1,052 support following the October 10 crash.

However, after over two weeks of consolidation between the $1,052 and $1,151 levels, BNB has slipped below this range. Over the last 24 hours, the BNB price has plummeted by over 5%, falling below the critical $1,000 threshold.

BNB price prediction
Image Courtesy: TradingView

It has reached the next key support level at $940, as bulls enter at this price and try to regain control. Due to the sudden selling, BNB has broken below the 100-day moving average, and the RSI has reached 34, heading toward oversold territory.

Due to the broader market downturn and bearish technicals, the BNB price prediction has also turned bearish. If selling resumes and BNB fails to hold above the $940 immediate resistance, it could face a correction to $893, or even lower to $841.

Best Wallet: A New Player Reshaping the Web3 Landscape

Best Wallet is an emerging self-custodial Web3 wallet, designed to give users complete control over their digital assets. It combines powerful DeFi tools in one place and supports over 90 popular blockchains, eliminating the need to switch between multiple apps to manage crypto assets.

Users can seamlessly swap between cryptocurrencies across blockchains at the lowest rates and for minimal fees. Best Wallet bridges all major blockchains and over 30 decentralized exchanges, giving investors instant access to the best investment opportunities.

The total token supply has been capped at 10 billion BEST tokens, out of which 10% will be airdropped to users and 7% will be used for distributing community rewards.

Why Best Wallet Token Is Gaining Traction:

  • Over $16.8 million raised within weeks.
  • BEST is currently available at a discounted price of $0.025895.
  • Only 24 days remain until the presale ends.
  • The token listing price of $0.026035 offers quick returns.
  • Over 340 million BEST tokens already staked by presale holders.
  • 78% APY on staking during the presale

The platform has already attracted thousands of users in its airdrop campaign. The BEST token is scheduled for listing on an Ethereum-based decentralized exchange such as Uniswap soon after the end of the presale. With exceptional performance despite broader market bearish conditions, growing user adoption, and rising demand for its presale, BEST could be one of the best tokens to invest in Q4 2025.

By Pradeep Chandravanshi

Pradeep is a crypto enthusiast and fintech journalist with over six years of hands-on experience in the cryptocurrency space. He’s written more than 4,000 articles, blending technical know-how with market insight to break down complex topics in a way that’s easy to follow. With a strong focus on both analysis and industry trends, Pradeep’s work aims to keep readers informed, engaged, and ahead of the curve in the fast-moving world of digital finance.