Quick Breakdown
- BNB reached a record high of $1,111.90, up 17.5% this week
- BNB Chain’s TVL climbed 2.5% in 24h to $8.23B, with 73.2M active addresses
- Validators adopted 0.05 gwei gas fee, promising faster, cheaper transactions
BNB, the native token of Binance’s BNB Chain, surged to a new all-time high of $1,111.90 on Friday, driven by fresh upgrades to the blockchain and a broader crypto market rally. The token jumped 7.4% in 24 hours and 17.5% over the week, according to CoinGecko data.
The market-wide rebound added momentum, with total cryptocurrency capitalization rising 1.6% to $4.2 trillion.
ATH szn in full swing 🫡
1 BNB = $1111 pic.twitter.com/69l8eEPgY3
— BNB Chain (@BNBCHAIN) October 3, 2025
On-chain growth signals expanding network demand
BNB’s price gains were matched by on-chain growth across the BNB Chain ecosystem. Total value locked (TVL) climbed 2.5% in the past day to $8.23 billion, DefiLlama data shows, while active addresses surged to a record 73.24 million last month.
Transaction volumes also moved higher, underscoring increasing usage of the chain as developers roll out new applications and liquidity flows into DeFi platforms. Analysts note that the expansion of on-chain activity has strengthened BNB’s positioning as a core layer-1 network competing with Ethereum and other chains.
Gas price cut aims to boost competitiveness
This week, BNB Chain validators and builders approved a cut in the minimum gas price to 0.05 gwei, a move expected to improve efficiency for traders. The change, announced in an X post by the BNB team, is designed to lower costs while speeding up transactions across the chain.
“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 said.
The adjustment comes as BNB Chain seeks to strengthen its appeal for developers and users amid intensifying competition among layer-1 blockchains.
With the token’s rally, growing network adoption, and structural upgrades, BNB Chain has consolidated its role as one of the fastest-growing ecosystems in the digital asset market.
Meanwhile, Binance is rolling out a crypto-as-a-service (CaaS) platform designed for licensed banks, brokerages, and stock exchanges. The solution enables traditional financial institutions to integrate crypto trading into their offerings without having to build infrastructure from scratch.
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