BNB Breaks Records as Blockchain Growth Fuels Investor Excitement

BNB, the native token of the BNB Chain, has reached a fresh all-time high as renewed optimism sweeps through the cryptocurrency market. The token climbed to $1,111.90 on Friday, rising more than 7.4% in the past 24 hours.

At the time of writing, BNB is trading at $1,087, marking a 15% surge over the week. This milestone comes amid ongoing token burns, institutional accumulation, and a broader market rally that has lifted many digital assets. 

Analysts have previously noted that treasury buying has been a major driver of BNB’s momentum. In July, similar activity helped fuel earlier price spikes. Standard Chartered projected earlier this year that the token could reach $1,275 in 2025, tracking gains alongside Bitcoin and Ether.

At the same time, the overall cryptocurrency market showed strength, with total market capitalization rising 1.6% to reach $4.2 trillion on Friday.

Strong On-Chain Activity Supports Price Growth

BNB Chain’s ecosystem has also been expanding in parallel with the token’s price rally. Data from analytics firm DefiLlama shows that the blockchain’s total locked value (TLV) climbed 2.5% in the past 24 hours, reaching $8.23 billion.

User activity is also on the rise. The number of active addresses jumped to 73.24 million last month, the highest level ever recorded, while transaction volumes reached 4.34 million in September, the second-highest monthly figure to date.

This surge in engagement followed a brief setback earlier in the week when BNB Chain’s official X account was compromised by hackers, who posted phishing links targeting wallets. Despite the incident, investor sentiment remained strong, with price and usage metrics continuing to climb.

Upgrades Aim to Boost Speed and Efficiency

Looking ahead, BNB Chain developers are preparing several major upgrades. Validators recently approved a new minimum gas price of 0.05 gwei, a move designed to make transactions faster and more affordable. The team has encouraged centralized exchanges and wallet providers to adopt the change to maintain consistency across the network.

Further improvements are also on the roadmap. In 2026, BNB Chain is targeting the ability to process up to 20,000 transactions per second with confirmation times under 150 milliseconds. Plans also include privacy features, upgradable virtual machines, and more user-friendly development tools.

Earlier this year, the network rolled out two key upgrades: the Maxwell upgrade in June, which enhanced validator coordination and network performance, and the Lorentz Hard Fork in April, which reduced block times and optimized validator networking.