BNB, the core currency of the BNB Chain—a layer-1 blockchain established by the Binance crypto exchange—has achieved a new high of $1,111.90, a 7.4% increase in the last 24 hours, and a 17.5% surge over the past week, according to CoinGecko. This milestone follows increased acquisitions from treasury companies. Analysts previously indicated that buying activity and regular token burns had been driving up the price, suggesting further growth could lie ahead.
BNB Token
Source: BNB
Standard Chartered asset managers projected in May that BNB could reach up to $1,275 by 2025, anticipating its growth alongside Bitcoin and Ether. The broader cryptocurrency market also saw gains, with the total capitalization climbing by 1.6% to $4.2 trillion.
BNB Chain Metrics on the Rise
The total locked value (TLV) of the BNB Chain has likewise increased, having risen by 2.5% in the last 24 hours, reaching $8.23 billion. Active addresses hit 73.24 million last month, marking a record high. Recent analyses from DefiLlama confirmed these increases in active engagements and transaction volumes.
BNB Chain Metrics
Source: DefiLlama
Recent transaction volumes in September hit a remarkable level of 4.34 million, marking the second-highest number recorded, right after June.
This new peak in BNB’s price coincided with a security breach affecting the official X account for BNB Chain, which saw hackers post phishing links designed to target crypto wallets.
Upcoming BNB Upgrades
Recently, validators and builders on the BNB Chain implemented a new minimum gas price of 0.05 gwei, which the team claims will facilitate faster and less expensive trading. The team is also working on increasing the block gas limit from 100 million to 1 billion to accommodate user demand. This effort is aimed at ensuring a streamlined experience across decentralized applications.
In 2026, there are aspirations to develop a blockchain capable of processing 20,000 transactions per second with confirmation times under 150 milliseconds.
Two significant upgrades—Maxwell and the Lorentz Hard Fork—have already been executed in 2025. These upgrades were aimed at enhancing block creation speeds and improving validator teamwork, positioning BNB Chain as a robust option for demanding applications.
