The BNB price has held steady this year, outperforming most cryptocurrencies. On Tuesday morning, Binance Coin was trading at $665, 16% below its all-time high.
BNB has strong technicals and fundamentals could push it to $1,000 later this year. Here are some top Binance Smart Chain (BSC) tokens to buy.
Why BNB Price May Surge to $1,000
The BNB price may surge to $1,000 later this year because of its strong technicals. It has formed a cup and handle pattern, whose upper side is at $665. The chart shows that the recent consolidation was part of the formation of the handle section.
BNB’s cup has a depth of about 72%. Therefore, measuring the same distance from the cup’s upper side at $665 means that the BNB price will ultimately jump to $1,140.
What is unclear, however, is when the BNB price will get to that level. This being a weekly chart, there are signs that the surge to $1,135 will take time to happen. It may happen later this year or in 2026.
Best BSC Tokens to Buy
The BNB Smart Chain is doing well. Data shows it has overtaken Ethereum and Solana regarding DEX volume. It handled about $30 billion in the last seven days, bringing the cumulative total to $1.3 trillion.
So, here are some of the best BSC tokens to buy ahead of their next surge: PancakeSwap, Thena, Lista DAO, and Venus.
PancakeSwap (CAKE)
PancakeSwap is one of the best BSC tokens to buy because of its role in the ecosystem. It is the biggest DEX in the network, with a cumulative volume of $1.04 trillion. Some of this volume, or $105.3 billion, was handled in the last 30 days.
The PancakeSwap price has remained in a consolidation phase in the last three years. There are signs that it is going through an accumulation phase, which will ultimately lead to a strong bullish breakout. The initial target price will be $10.53, up by almost 100% from the current level.
Read more: PancakeSwap (CAKE) Surges on Strong Volume, Analyst Predicts 1,320% Upside
Thena (THE)
Thena is another top BNB token to buy. Like PancakeSwap, it is a large DEX network that has handled over $1.48 billion in volume in the last 7 days. Its 30-day volume rose to $4.28 billion, while its cumulative total is about $30 billion.
THENA price has crashed after peaking at $4.18 in November last year. It has formed a falling wedge chart pattern, one of the most bullish patterns in the market.
This pattern consists of two falling and converging trendlines. It usually results in a strong, bullish breakout. A surge from $0.69 to $1.74, its December 29 high, would be a 154% surge from the current level.
Venus (XVS)
Venus is the biggest lending protocol in the BSC ecosystem, with over $1.8 billion in total value locked. It is an AAVE competitor that allows users to deposit funds to earn a yield and others to borrow in the ecosystem.
Venus token price has rebounded in the past few weeks, jumping from $4.64 earlier this month to almost $10 today. Its lowest level this week coincided with the lowest swing in July and August last year.
Venus price has jumped above the key resistance level at $8.32, the highest swing in August and September last year. It has also jumped above the 50-day moving average.
Therefore, the XVS token price will rise as buyers target the key resistance at $12.80.
Lista DAO (LISTA)
Lista DAO is another top BSC token to buy. It is the biggest liquid staking protocol on the BNB Chain, making it comparable to Jito (Solana) and Lido (Ethereum).
It allows investors to exchange their BNB token with the SlisBNB, which they can use elsewhere in DeFi. This SlisBNB represents the staked token generating staking rewards over time.
Lista DAO token price has retreated from a high of $0.6800 in December to the current $0.2529. It has formed a falling wedge pattern, a popular bullish reversal sign. That is a sign that the LISTA price will bounce back.
Other Top BNB Crypto Tokens to Buy
The other top BNB tokens to buy are DODO, Uniswap, Woofi, Pendle, Ampleforth, and Avalon Labs.
