BNB Breaks $1K for The First Time!

Binance Coin (BNB), the native token of the Binance exchange, has crossed the $1,000 mark for the first time. The move comes just two days after the token surpassed its previous peak by trading above $950.

The milestone is reflected in market data. According to CoinGecko, BNB rose 4.8% in the last 24 hours and nearly 12% over the past week, outpacing the overall market’s 2.70% rise. It also outperformed smart contract tokens, which posted a 4.20% increase during the same period.

BNB Records Steady Gains and Higher Activity

Notably, BNB’s price action has been consistent, with 11 green daily candles recorded in the last 14 days. Only three red candles appeared in that timeframe, underscoring steady momentum.

The steady performance has pushed BNB’s market capitalization to $139 billion. For context, this figure is based on a circulating and total supply of 139 million tokens. The maximum supply remains capped at 200 million.

Alongside the rising valuation, trading activity has strengthened, with 24-hour volume reaching about $3 billion, a 36.70% jump from the previous day. The surge signals growing demand and participation, which analysts say often reflects strong confidence in a digital asset’s outlook.

From $0.10 to $1,000

Binance founder Changpeng Zhao (CZ) reacted to the milestone on the social platform X. He recalled BNB’s early days, which were launched at an ICO price of $0.10 eight years ago.

CZ said watching the token climb from $0.10 to $1,000 is beyond words. He emphasized the effort and persistence behind the project’s progress. He also credited the BNB community for its role in the journey. According to CZ, challenges were overcome by continuous building and collective commitment.

“We had our challenges along the way, but we worked hard, we built, and we held. It’s truly a community effort! This is just the beginning. To the next 10000x together!” he stated.

His remarks come as BNB stands out as one of the strongest-performing tokens in the current market cycle. The sharp rise highlights growing interest in exchange-based crypto-assets and their evolving role in the wider ecosystem.

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