BNB, the native token of the BNB chain, the Layer-1 blockchain created by Crypto Exchange Binance, has reached its highest ever high amid plans for upgrades and wider market rally.
According to Data Aggregator Coingecko, the token reached $1,111.90 for the first time on Friday, up over 7.4% in the last 24 hours, after a surge in 17.5% that week.
It also comes as more finance companies have accumulated BNB. Soon after the July Coin’s all-time best, analysts told Cointelegraph that the Treasury purchase, along with the usual Token Burns, contributed to price increases for more space to grow.
Asset Manager Standard Chartered predicted that tokens will peak at $1,275 in 2025 based on parallel expected benefits of Bitcoin (BTC) and Ether (ETH).
The remaining cryptocurrency markets also registered profits on Friday, with total market capitalization rising 1.6% to $4.2 trillion.
BNB chain metrics also rise
In addition to the token price, the total lock value (TLV) of the BNB chain has also risen. According to Analytics Platform Defillama, the total number of active addresses and transactions has increased over the past month.
Blockchain TLV has grown by 2.5% over the past 24 hours, taking advantage of $8.23 billion. At the same time, the number of active addresses skyrocketed to 73.24 million last month, reaching the highest recorded level.
Trading volumes have also increased, reaching 4.34 million, marking the second-largest number. The largest monthly trading volume was recorded in June.
On Wednesday, when hackers posted phishing links targeting crypto wallets, a new, most growing user metric emerged a few days after the BNB chain’s official X account was damaged.
Horizon on BNB Upgrade
On Wednesday, validators and builders operating in the BNB chain adopted a new lowest gas price of 0.05 GWEI. This said on XPost the BNB team will bring faster and cheaper deals for users.
“The next step for wallets, CEXS and trading platforms: adopting 0.05 GWEI to match your network and keep your BNB chain at the most attractive home for on-chain activity,” the team said.
With the rest of the outlook for 2025 and 2026, the BNB team also said it is in place to increase the BSC block gas limit from 100 million to 1 billion, aiming to meet user demand and ensure smooth activity across distributed applications.
Meanwhile, in 2026, the intention is to develop a blockchain architecture that can process 20,000 transactions per second with confirmation times of less than 150 milliseconds.
Related: “Diamond Hand” investors will turn $1k into $1 million when BNB exceeds $1,000
We also have plans for native privacy features next year, upgradeable virtual machines, and more user-friendly tools.
Two major upgrades have already been released in 2025
Earlier this year, the Maxwell upgrade for the BNB Smart Chain was unveiled in June. This was aimed at creating faster blocking, better validator adjustments, and smoother network performance. It also sparked speculation that the rally could be rounding the corner.
In April, Lorenz Hard Fork went live, reducing blocking times and introducing enhanced validator networking to make the chain more suitable for latency-sensitive applications.
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