- BNB reached an all-time high price of $1,111.90, gaining over 7% in 24 hours and 17.5% for the week.
- The BNB Chain’s active addresses and transaction volumes have been rising, with the total locked value climbing to $8.23 billion.
- Standard Chartered forecasted BNB could peak at $1,275 in 2025, tracking gains seen in the broader cryptocurrency market.
- Recent upgrades, including a new minimum gas price and earlier technical changes, aim to make transactions faster and cheaper.
- Future plans for BNB Chain include higher processing speeds, privacy features, and other improvements through 2026.
BNB, the native token of the BNB Chain created by crypto exchange Binance, reached a record price of $1,111.90 on Friday. This milestone came as the token climbed more than 7% in 24 hours and rose by 17.5% over the week, supported by ongoing technical updates and an overall market rally.
The recent surge in BNB’s price was accompanied by increased interest from treasury companies and investors, as shown on CoinGecko. Regular token burns—where coins are permanently removed from circulation—combined with new purchases, have boosted BNB’s value. Asset manager Standard Chartered projected BNB could reach $1,275 in 2025. Meanwhile, the total cryptocurrency market capitalization increased by 1.6% to $4.2 trillion.
Chain metrics also improved. According to DefiLlama, the BNB Chain’s total locked value (TLV) rose by 2.5% in the past 24 hours, reaching $8.23 billion. The number of active addresses grew to a record 73.24 million last month. Transaction volumes also went up, with 4.34 million transactions recorded in September, the second-highest on record.
Technical developments continue. Validators on the network adopted a new minimum gas price of 0.05 gwei. The BNB team said in an official post that this change will support faster and cheaper trading. “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,” the team posted.
Further enhancements are expected. BNB Chain plans to raise the block gas limit from 100 million to 1 billion in the next two years to support more users and applications, as explained in a blog post. By 2026, they aim to reach processing speeds of up to 20,000 transactions per second with confirmations under 150 milliseconds. Other planned improvements include privacy features, upgradable virtual machines, and simpler tools for users.
Two major upgrades rolled out in 2025. The Maxwell upgrade, launched in June, focused on faster blocks and better coordination between network validators. In April, the Lorentz Hard Fork reduced block times and improved the chain’s suitability for latency-sensitive applications.
Earlier in the week, hackers compromised the official BNB Chain account on social platform X, posting phishing links. No major disruptions to the token or network were reported.
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