Leading cryptocurrency, Bitcoin (BTC), hit a new record high this weekend, surpassing its previous peak from August. The price surged to $125,559.21 on the CoinMarketCap platform, with trading volume exceeding $50 billion in the last 24 hours. This surge in Bitcoin was accompanied by many other altcoins rising alongside it. Binance Coin (BNB), the native cryptocurrency of Binance, the world’s largest crypto exchange, also reached a record high, breaking through $1,200 in value. 📈. This achievement came after BNB saw minimal gains compared to the rise in Bitcoin and other altcoins. It is now trading at $1,214, marking a gain of over 3% within the past 24 hours. Analysts suggest that this impressive rise in BNB can be attributed to increased demand in futures transactions and rumors about more spot-based Binance Coin ETF applications. 📈, according to Coinglass data, BNB futures open interest has seen a substantial increase by 18% to over $2.5 billion, reflecting investor expectations of further price growth. Crypto analyst Ali Martinez also shares his positive outlook for BNB, predicting it could reach $1,300 based on its strong technical indicators and on-chain metrics. His analysis emphasizes the increased trading volume and investor interest as potential drivers for this projected target in the short term. *This is not investment advice.*