- Binance’s BNB coin reached a new all-time high of $962.08 on September 17, 2025.
- BNB’s price has increased by 2.2% in the last 24 hours and is up 13.6% over the past month, according to CoinGecko.
- The total value locked (TVL) on the Binance Smart Chain climbed to approximately $7.7 billion, nearing record levels.
- Expectations of a potential interest rate cut by the Federal Reserve have contributed to recent market gains.
- CoinCodex forecasts BNB to exceed $1,000 in early October and projects a peak of $1,169.57 by December 3, 2025.
Binance’s BNB coin set a new record price of $962.08 on September 17, 2025. This milestone follows several all-time highs for BNB throughout the year, driven by rising market activity.
BNB saw a 2.2% price increase in the last 24 hours and an overall gain of 13.6% in the previous month, as reported by CoinGecko. Data from DefiLlama shows the total value locked (TVL) on the Binance Smart Chain reached nearly $7.7 billion.
The recent surge in BNB’s value is occurring as the broader cryptocurrency market experiences a rally. Bitcoin (BTC) reclaimed the $117,000 price level, while the total market capitalization increased by 0.9% over the past day, reaching $4.15 trillion. According to the article, anticipation of an interest rate cut at the ongoing Federal Reserve meeting may be supporting these gains. The CME FedWatch tool indicates a 96% probability of a 0.25% interest rate reduction, with a 4% likelihood of a 0.5% cut.
Analysts from CoinCodex expect BNB’s upward trend to continue in the coming months. They predict the price may move past $1,000 in early October and reach as high as $1,169.57 by December 3, which would mark a 22.89% increase from current levels.
Despite today’s price drop of 1.1% from its intraday peak, BNB’s performance remains strong relative to the broader market. Some analysts point to the asset’s high TVL as a sign of ongoing investor interest.
In related developments, BNB recently surpassed the market value of UBS, the world’s largest private bank. The outlook for BNB will likely depend on Federal Reserve actions and overall market sentiment in the weeks ahead.
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