BNB Approaches $1,000 Price Target Fueled by VanEck ETF Application

Binance’s BNB token is inching closer to the $1,000 mark, benefiting from growing institutional interest following VanEck’s application for a spot BNB ETF. The token traded around $882 on Monday, down 1.4% over 24 hours but holding above key support levels. Market participants are closely watching for a test of the $900 resistance level that could propel further gains toward four-figure pricing.