On May 29th, 2025, the United States Securities and Exchange Commission (SEC) dropped its case against Binance and its former CEO, Changpeng Zhao. The action is considered a relief for the firm and has boosted confidence in Binance and its token, Binance Coin (BNB).
With the lawsuit behind them, BNB is back on U.S. exchanges. Binance.US has also reopened its USD services. The BNB Chain led in 30-day DEX volume, with over $143 billion, and the likelihood of a BNB spot ETF approval is higher.
Due to all this, top analysts project the BNB price to reach between $1,000 and $2,000 in this cycle.
SEC Drops Binance Case, Clearing the Way for BNB’s U.S. Comeback
The biggest news was the SEC agreeing to dismiss the current case against Binance. A court document confirms that the decision is final, as the SEC cannot refile the suit.
This represents a significant shift in how the new SEC leadership is approaching regulations. This is all about cooperation, not lawsuits, contrary to the previous SEC Chair Gary Gensler’s approach.
Elja (@Eljaboom), a well-known figure in the cryptocurrency space and a key supporter of former Binance CEO Changpeng Zhao, noted that this action presents numerous opportunities for Binance. These include $BNB listings on American exchanges, additional institutional attention, and ongoing ETF applications.
He boldly stated: “$2K BNB and spot ETF approval seems inevitable this cycle.”
Binance.US Back Online, BNB Volumes Surge
Hours after the lawsuit was dropped, Binance.US announced that USD services were live again, allowing American users to deposit dollars and buy crypto via ACH bank transfers. This comes as a crucial milestone for Binance’s re-entry into the U.S. market.
However, the market response was mild rather than positive. As of the time of writing, 24h volume spiked to $2.02B, a 9.22% increase. On TradingView, BNB/USDT briefly touched $678.30 before pulling back slightly.
Despite a slight intra-day drop of 0.94%, the sentiment remains highly bullish, with price action maintaining higher lows and consistent buying pressure.
BNB Price Prediction: Can Binance Coin Reach $2,000 in 2025?
Historically, BNB has shown strong growth during bull markets. The last all-time high of $793.35 was reached in December 2024, and with the current price of $669, the token is 15.86% below its all-time high.
With momentum building, analysts are speculating whether the BNB price can double or triple in this cycle. Eljaboom and others suggest a move to $1,000–$2,000 is “inevitable,” especially with regulatory risk removed and ETF momentum rising.
From a technical perspective, short-term resistance at $700 will be the level to watch, but if broken, all bets point toward $1,000 next. If Bitcoin continues to rise toward $ 200,000 and if BNB ETF approval materializes, a $2,000 Binance Coin may not be a stretch.
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