BNB, the native cryptocurrency of the BNB Chain — a layer-1 blockchain developed by Binance — has hit a new all-time high, fueled by planned network upgrades and a broader market upswing.
On Friday, the token surged to $1,111.90, marking a 7.4% increase over the past 24 hours and a 17.5% gain for the week, according to CoinGecko.
The rally also coincides with growing interest from corporate treasuries, which have been accumulating BNB. Following the token’s previous peak in July, analysts told Cointelegraph that a combination of treasury buying and regular token burns had supported its price growth, with further upside potential still on the horizon.
In May, asset manager Standard Chartered projected that BNB could reach $1,275 in 2025, anticipating its growth alongside Bitcoin and Ether. Meanwhile, the broader crypto market also saw gains on Friday, with total market capitalization climbing 1.6% to $4.2 trillion.
BNB Chain Metrics Climb
BNB Chain’s on-chain activity is rising alongside the token’s price. Analytics platform DeFiLlama reports that both total locked value (TLV) and transaction activity have increased over the past month.
The chain’s TLV grew 2.5% in the past 24 hours, reaching $8.23 billion, while the number of active addresses surged to 73.24 million last month — the highest on record.
Transaction activity on BNB Chain has also been climbing, with last month recording 4.34 million transactions — the second-highest monthly total, behind only June’s peak.
The token’s new all-time high and rising user metrics come just days after the official BNB Chain X account was hacked on Wednesday, when attackers posted phishing links targeting crypto wallets.
BNB Upgrades on the Horizon
BNB Chain is moving forward with network improvements. On Wednesday, validators and developers implemented a new minimum gas price of 0.05 gwei. According to the BNB team’s X post, this change will enable faster and cheaper transactions for users.
“Next step for wallets, CEXs, and trading platforms: adopt 0.05 gwei to align with the network and keep BNB Chain the most attractive home for on-chain activity,” the team said.
Looking ahead to the rest of 2025 and into 2026, the BNB team revealed plans to raise the BSC block gas limit from 100 million to 1 billion, aiming to accommodate growing user demand and ensure seamless activity across decentralized applications.
For 2026, the team intends to develop a blockchain architecture capable of handling 20,000 transactions per second with confirmation times under 150 milliseconds. Additional planned features include native privacy options, upgradable virtual machines, and more user-friendly tools.
Two Major Upgrades Already Live in 2025
Earlier this year, BNB Smart Chain rolled out the Maxwell upgrade in June, designed to deliver faster block times, improved validator coordination, and smoother overall network performance. The update also fueled speculation of a potential price rally.
In April, the Lorentz Hard Fork went live, reducing block times and introducing enhanced validator networking to make the chain more suitable for latency-sensitive applications.
