Weekly active addresses hold above 14 million for nine weeks, showing consistent user engagement.
Binance Coin (BNB) has reached a market capitalization of $119.67 billion as per report. This valuation puts BNB ahead of British automotive company Rolls-Royce, reflecting growing confidence in the token’s long-term use within the Binance ecosystem.
The rise in market cap follows BNB’s recent price movement, with the token hitting a new all-time high of $880. This surpasses its previous record of $686, which was last set during the 2021 bull market. The current price has pulled back slightly to $848.85, showing a minor 2% decline over the past 24 hours and a 0.23% drop over the past seven days.
Consequently, BNB Chain’s Total Value Locked (TVL) has climbed to $13.4 billion, the highest level since 2022. This figure reflects increased user participation in DeFi applications, staking, and liquidity provisioning on the BNB Chain network. TVL began rising steadily from mid-May 2025 and has maintained upward momentum.
Alongside capital inflows, weekly active addresses have remained above 14 million for nine consecutive weeks. Data from Lucky confirms the strong engagement trend, showing stable network usage and continuous activity growth. These levels suggest consistent demand across BNB Chain products and services.
Technical charts show that BNB recently broke out from a downward trend and has since formed a new support level near $853. This price area was previously viewed as resistance and is now acting as a base for further price movement. A short-term pattern indicates possible consolidation before another upward move.
The 1-hour chart reflects a bullish continuation setup, with the next targets positioned near $883 and potentially higher. Short-term analysis suggests that the token is building strength for another push if it maintains its current support levels.
Market watchers have pointed out BNB’s steady rise from $1 to its current level over several years. In a recent post, one user claimed, “$1000 BNB is not far,” referring to the growing use of BNB across multiple financial layers. The comment adds to the narrative that institutional players are beginning to explore the asset.
Another user stated, “What was resistance for years is now supported,” expressing belief in BNB’s ongoing price trend. While optimistic views continue to circulate, price stability and volume support will be key in determining whether the current level can be sustained in the near term.
