BNB Soars to Record Peak as Upgrades and Short Squeeze Drive Surge
BNB has surged to a new all-time high, driven by recent network upgrades, reduced transaction fees, and a short squeeze that triggered over $7.7 million in liquidations.
The upgrade lowered fees to just $0.005, boosting on-chain activity and developer interest, while speculation about a potential U.S. spot BNB ETF added fuel to the rally. After breaking past resistance at $1,084, sentiment has turned strongly bullish, but analysts warn that BNB is nearing overbought levels, making the $1,000–$1,084 support zone crucial to sustaining momentum.
Clever Robot News Desk 5th October 2025
