BNB, the native token of Binance’s BNB Chain, has an all-time high of $1,103 today, according to data from CoinMarketCap.
This came as the token climbed over 6.28% in the last 24 hours and recorded a 17% surge over the last 7 days.
Why the Price is Climbing
This surge seems to be due to the treasury companies that have been steadily adding BNB to their holdings recently. The recent purchases as well as Binance’s regular program of burning tokens seem to have given the token some momentum to push higher with more room for additional push.
Earlier this year, Standard Chartered predicted that the coin could climb to a peak of $1,275 in 2025 as part of a market-wide upswing tied to Bitcoin and Ether.
Market and Chain Activity Are Heating Up
The overall crypto market also recorded strong results on Friday. As of the time of writing, the total market value is up 1.6%. This is just in a single day, resulting in a $4.2 trillion market cap, according to CoinMarketCap.
Moreover, Metrics from BNB Chain itself added more reasons for optimism. According to figures from DefiLlama, the total locked value on the network rose by 2.5% in one day to $8.23 billion.
In addition to that, active addresses hit an unprecedented 73.24 million last month, which is the highest ever recorded, while September’s transaction volumes reached 4.34 million, making it the second busiest month in the chain’s history.
Meanwhile, the achievement came despite a security scare just days before, when the official BNB Chain account on X was hacked. Attackers posted phishing links that targeted crypto wallets, but the network quickly moved past the disruption as excitement returned to its token and ecosystem.
Big Upgrades and Bold Plans Ahead
At the same time, upgrades are paving the way for faster and cheaper transactions. Validators recently approved a new minimum gas price of 0.05 gwei. The BNB Chain team said, “Next step for wallets, CEXs and trading platforms: To adopt 0.05 gwei to align with the network and keep BNB Chain the most attractive home for onchain activity.”
More improvements are on the horizon. The team has outlined plans to raise the block gas limit from 100 million to 1 billion and eventually build a blockchain capable of handling 20,000 transactions per second with confirmation times under 150 milliseconds.
In 2026, additional features such as native privacy tools, upgradable virtual machines, and more user-friendly development resources are expected to arrive.
Two major upgrades have already taken place this year: the Maxwell upgrade in June, which improved validator coordination and block efficiency, and the Lorentz Hard Fork in April, which reduced block times and improved performance for latency-sensitive applications.
Also Read: DEXE Price Jumps as it Nears $15 Resistance Level
