Binance Coin Tops $1,000 to Set New All-Time High
The surge reflects faster block times, lower costs, renewed on-chain liquidity.
Overview
- BNB crossed $1,000 with a market capitalization of about $145.7 billion, according to CoinMarketCap, marking a new peak after a sustained run-up.
- BNB Chain upgrades cut block times to roughly 0.75 seconds and lowered fees to around $0.01, with opBNB boosting throughput near 10,000 TPS and daily transactions reported near 10 million.
- WLFI’s USD1 stablecoin launched on BNB Chain, filling the liquidity gap left by BUSD’s 2023 suspension and driving higher DeFi volumes across major protocols.
- Per recent reporting, regulatory pressure eased as the SEC case was dropped, DOJ oversight showed signs of loosening, and licenses expanded in Dubai, Japan, and Latin America under clearer rules such as the EU’s MiCA.
- Deflationary tokenomics continued with about 1.6 million BNB burned in Q3, shrinking supply toward 139 million, while reported treasury rotations, institutional accumulation, a 25 bps Fed rate cut, and a U.S. spot BNB ETF filing added supportive flows and sentiment.