BNB Price Soars 2% Flipping Solana Market Cap as CZ Predicts a Bull Run Soon

Highlights:

• The Binance Coin (BNB) price surges 2% to $772, as trading volume increases by 21%.
• CZ says the Altcoin Season Index in CoinMarketCap is ticking, predicting a potential bull run.
• BNB liquidation map shows a drop in long liquidations, suggesting a potential pullback.

The BNB price has surged 2.77% to $772 in the past 24 hours, as trading volume has increased 21% to $3.65 billion. This comes as Binance Coin broke past the $800 mark to a new all-time high of $809. Currently, BNB’s market capitalization stands at $109 billion, surpassing that of Solana, which is $102 billion. 

However, the BNB price has recently retraced to $772, but it still upholds a bullish outlook. The BNB price has now experienced a 13% spike over the past week and a 25% surge over the past month. Can the bullish trend sustain?

Meanwhile, the former Binance CEO, Changpeng Zhao (CZ), has noted that the “FOMO season is commencing soon.” According to CZ, the Altcoin Season Index of CoinMarketCap is ticking up, indicating that a bull run may be around the corner.

CoinMarketCap has an Alt Season Index feature. Not sure how accurate it is, but it is ticking up.

FOMO season soon…https://t.co/pWyzuhuexv

— CZ 🔶 BNB (@cz_binance) July 23, 2025

On the other hand, when it comes to market liquidity, the BNB Exchange Liquidation Map indicates that short liquidations have already reached impressive levels. Based on the chart, there is a significant discrepancy in liquidations between long and short positions.

The position of long liquidation leverage ($65.99 million) is significantly lower than that of short liquidations ($119.66 million). This imbalance suggests that there could be a sudden short-term pullback in the BNB price, followed by a bounce back to higher levels. 

BNB Price Signals Bullish Momentum – Can the Bulls Reclaim ATH?

The BNB price on the daily chart outlook portrays a strong bullish grip within a clearly defined rising channel that began forming in early April. The BNB token has now broken out of a rounding bottom after months of consolidation, currently trading at $772, marking a roughly 2% gain in the past 24 hours. 

The breakout is reinforced by the surging volume and a clean breakout above the 50-day MA ($669) and the 200-day MA ($641), indicating renewed buying strength. Moreover, if these support zones hold, the BNB price could surge, potentially reclaiming the $809 mark and even surpassing it. 

The Relative Strength Index (RSI) of 70.87 shows intense buying strength, flashing overbought conditions. This cautions traders of a potential short-term pullback, allowing the bulls to sweep through sufficient liquidity. However, in strong uptrends, overbought conditions can persist for longer periods. 

Additionally, the Moving Average Convergence Divergence (MACD) also upholds the bullish view. This is manifested as the blue MACD line (30.74) has crossed above the orange signal line (19.65). This bullish crossover reinforces the positive momentum, calling for traders to rally behind BNB. 

How High Can BNB Go?

Looking ahead, the altcoin season speculation, fueled by broader market optimism, could push the BNB price to higher levels. Moreover, the recent volume sure and positive technicals signal further upside towards $809 ATH. 

In the long term, if this momentum continues, $850-$1000 isn’t off the table by September, especially with the community hype. However, traders should be cautious, as the overbought RSI and potential profit-taking could drag it back to the $771-710 support zones. Meanwhile, the current high of $809 is in sight, but resistance could cap gains unless the BNB price sees a massive FOMO surge. Risks exist, as a drop below $710 could trigger a pullback to the 50-day SMA ($669)