Stablecoin purchases surge at Binance to the tune of $2B, amid growing anticipation regarding the FOMC meeting
In the dynamic world of cryptocurrency, Binance Coin (BNB) has been making headlines recently, reaching a new all-time high at $963. This surge follows a breakout from a consolidation period in July and early August, indicating strong market demand for BNB.
Binance, the primary liquidity hub for crypto traders worldwide, has been benefiting from this trend. In Q3 2025, Binance controls about 67% of the $68 billion stablecoin liquidity on exchanges, a position that allows it to capitalise on market trading opportunities. This dominance is largely driven by the Binance Smart Chain's retail activity and regulatory alignment.
Institutional and retail investors primarily transfer the most stablecoins such as USDT and USDC to Binance. Over $2 billion in stablecoins were added to Binance's reserves in one day, pushing its total ERC-20 holdings close to $42 billion. This surge in stablecoin inflows is a sign of speculative positioning and growing demand from platform users. Stablecoins serve as the foundation of liquidity, enabling rapid market positioning on Binance.
Binance's swelling stablecoin reserves point to a surge in market activity immediately following the Fed's decision. Market participants are bracing for significant volatility following the Fed's interest rate decision. A 25bps cut by the Fed could be viewed as a healthy pivot supporting the uptrend, while a 50bps cut could unsettle markets.
Despite the recent surge, BNB could see short-term corrections if profit-taking accelerates. Failing to hold above $950 could see BNB retest support zones near $900-$880. However, the 50-day SMA is providing immediate support around $847 for BNB. The 100-day and 200-day SMAs for BNB are at $768 and $693 respectively, offering potential floor levels should the price dip.
The next critical test for BNB is the psychological $1,000 mark. Achieving this milestone could further fuel the uptrend, while a failure could lead to a period of consolidation or even a correction. As always, volatility should be expected as BNB trades near uncharted territory.
In conclusion, the surge in BNB can be attributed to strong market demand, Binance's dominance in stablecoin liquidity, and the potential for increased market activity following the Fed's interest rate decision. While short-term corrections are possible, the long-term outlook for BNB remains bullish.
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