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Reading: Binance Coin’s Bullish Rally Puts It on Track to Challenge Goldman Sachs
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News

Binance Coin’s Bullish Rally Puts It on Track to Challenge Goldman Sachs

News Desk
Last updated: October 8, 2025 5:27 am
News Desk
Published: October 8, 2025
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Binance Coin (BNB) has experienced an impressive bullish rally over the past week, jumping more than 29% in value, marking a significant development in the cryptocurrency landscape. The surge has positioned BNB on a potential path to outpace Goldman Sachs, particularly as its week-to-date breakout appears to indicate further growth.

Goldman Sachs, a prominent player in the financial sector, currently holds a market capitalization of approximately $239 billion, ranking 62nd on CompaniesMarketCap, an index that monitors major global assets and companies. The top positions on this list include well-known entities such as NVIDIA, Microsoft, Apple, and Alphabet.

In the last seven days, the price of Binance Coin has soared from around $1,028 to over $1,300. This bullish trend suggests that BNB’s market capitalization, currently at $184.21 billion, could see a notable increase if the asset maintains its current momentum. There exists a gap of about $54 billion separating Binance Coin from Goldman Sachs, and if BNB continues on its current path, it may soon close this gap.

As of the latest data, Binance Coin is trading at $1,328.50, reflecting a 7.92% rise in the past 24 hours. The cryptocurrency previously reached a peak of $1,336.57, indicating strong upward momentum that could lead to even higher valuations.

Current market conditions seem favorable for a further surge, with BNB’s trading volume having increased substantially—up by 66.61%—to $7.87 billion. This rise in volume can be attributed to a growing number of active addresses on the BNB chain, which reported an impressive 58 million monthly active users. Such numbers signify heightened engagement and demand for Binance Coin, further bolstered by increasing institutional interest.

Looking ahead, predictions made in late August 2025 suggest that Binance Coin may reach between $2,000 and $2,100 by the end of the year. If BNB does achieve a minimum price of $2,000, it would elevate its market capitalization to approximately $278.36 billion, surpassing Goldman Sachs’s valuation.

The potential for BNB to approach the $2,000 mark appears realistic given the current momentum driven by its holders. However, the coin must maintain a strong support level around $1,300 for continued upward movement, especially in the context of the ongoing bullish crypto market often referred to as “Uptober.”

In parallel, Changpeng Zhao, the founder of Binance, has advocated for banks to consider adopting BNB as part of their offerings. His comments come in the wake of BNB’s notable climb past the Union Bank of Switzerland, the largest private bank in terms of market capitalization. This perspective underscores BNB’s growing acceptance and relevance in the broader financial ecosystem.

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