BNB surpassed $1,300 and overtook XRP in market capitalization.
Date: 2025-10-08 Author: Henry Casey Categories: CRYPTO PAYMENTS
By October 7, 2025, BNB's market capitalization reached $179.2 billion, according to CoinGecko. At certain points, the token's price on Binance reached $1,349.99, but then retreated slightly, reaching $1,314 at press time, representing a nearly 6% increase over the past 24 hours.
The market is showing positive expectations for the asset's future price movement. A trader nicknamed Crypto King predicts BNB will rise to $2,000, while enthusiast BitBull supports a similar scenario, noting the active return of Changpeng Zhao (CZ) to work and the active development of the BNB Chain ecosystem.
The network is truly showing impressive performance: the number of monthly active users has reached 58 million, higher than NEAR and Solana. Activity is also growing on the meme coin generation platform Four.Meme, and tokens launched on BNB Chain are dominating DEX Screener trends.
The decentralized exchange Aster has provided additional impetus for growth. Following the launch of its native token, the platform's TVL increased from $378 million to $2.4 billion. Network developers previously reduced fees by setting a minimum gas price of 0.05 Gwei, which reduced transaction costs to $0.01–0.02 and contributed to increased user activity.
Amid BNB's strengthening, overall market sentiment remains positive: Bitcoin has reached a new record high above $126,000, and Ethereum is testing the $4,700 mark.
The rise in BNB's price also benefited Changpeng Zhao, whose net worth reached $89 billion, moving him up to 21st place on the Forbes billionaires list. CZ owns 64% of the total BNB supply, amounting to 89.1 million tokens.
Thus, the combination of a strong network, growing user activity, and support from key figures in the ecosystem creates conditions for BNB's continued growth, strengthening its position among the world's leading cryptocurrencies.
