Kazakhstan Initiates State BNB Reserve: BNB Price Forecast for October – Will BNB Reach $1,250?

BNB digital currency has shown significant activity in September, making it appropriate for the BNB price forecast for October to appear more uptrend. So far, the BNB price remains stable above $1,000, recovering losses from September 25 and establishing a basis for potential increases, possibly exceeding $250.

Despite BNB digital currency trading above $1,000, it hasn’t yet overtaken the reviving XRP crypto, which sits at third place. XRP USD is also rising and may finish above $3. Nevertheless, the focus remains on the BNB USD price movements, which have rewarded holders with impressive returns.

(Source: Coingecko)

To provide context, the BNB USD value has risen by nearly +74% since the beginning of the year, with an increase of nearly +20% over the last month. Although there were marked drops last week, BNB crypto enthusiasts re-entered the market, driving the currency higher, reversing earlier losses, and aligning the BNB USDT price behavior with the stronger period of Q3 2025.

(Source: BNB USDT, TradingView)

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Could BNB USDT Soar To $1,250? BNB Price Forecast For October

Currently, the BNB USDT price is solidly in a optimistic trend. It has risen nearly 70% since its lows in June 2025.

In the near term, a key base level level to monitor is the psychological threshold at $1,000. Below this reaction level lies $930, with September lows at $830.

On the upper side, BNB USD faces price ceiling near $1,100. If recent buyers act to bolster gains, the fourth-largest crypto asset could surpass previous all-time highs and potentially climb to $1,250 in October.

There are already indicators suggesting this.

On Coinglass, the long/short ratio averages over 1 on Binance, indicating that the majority of traders have a neutral to uptrend sentiment.

Simultaneously, trading volume has gained traction, increasing by 35% in the last 24 hours on Binance, where the majority of BNB USDT trading occurs.

(Source: Coinglass)

On X, one trader believes that BNB USD has solid price floor around the $780-800 range. Provided this area holds and acts as a buying zone, he sees a target of $1,200 for BNB crypto.

(Source: CryptoBull009, X)

While price dynamics could influence trends, the true catalysts will be foundational events.

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Kazakhstan Accumulating BNB Crypto

Recently, Kazakhstan announced the Alem Crypto Fund, which is the nation’s inaugural state-supported digital asset reserve.

The fund will be operated by Qazaqstan Venture Group and is set to be registered within the Astana International Finance Centre (AIFC).

We get a lot of questions about non USD stablecoins – and whether countries are, post GENIUS, going to issue national currency stablecoins to resist dollarization.

The answer is yes. Kazakhstan has done it!

Not everyone knows that Kazakhstan is a crypto OG. Bitcoin mining came… https://t.co/zXb9hsdwqb

— Lily Liu (@calilyliu) September 23, 2025

What surprised many was the fund’s quick and initial decision to acquire BNB.

While the exact amount of investment is still unclear at the time of reporting, it is expected to coincide with the nation’s ambitious tech growth initiatives, which could channel as much as $1 billion into the fund.

Indicators of Binance’s involvement are apparent, such as the fund’s reliance on Binance Custody for asset management and further guidance.

However, this didn’t come as a total surprise.

Kazakhstan is progressively embracing digital currency. Following the approval of stablecoin transactions, it implemented the CryptoCity pilot in Alatau for everyday cryptocurrency applications. There are also plans for a central bank crypto asset (CBDC) to be launched by year’s end, potentially integrating with the BNB Chain.

Changpeng Zhao, the founder of Binance, has been building relationships with Kazakh officials since 2022. He has not only conducted a prominent meeting with President Kassym-Jomart Tokayev but has also been instrumental in formulating transparent regulatory frameworks that encourage adoption.

Kassym-Jomart Tokayev, President of Kazakhstan, met with Binance CEO CZ to discuss the creation of a regional center for the crypto industry in Kazakhstan and the implementation of a joint educational program in the field of distributed ledger technology. https://t.co/5xrUpUTtuH

— Wu Distributed ledger (@WuBlockchain) May 25, 2022

In 2022, Binance established several agreements with the Agency for Financial Monitoring and the Ministry of Digital Development to develop a national digital asset framework.

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