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BNB Tops $1.2K in 4% Rally as Chain Activity and Institutional Demand Accelerate
Yahoo Finance·2025-10-06 17:53

BNB, the token that powers the BNB Chain and is used for fee discounts on Binance, rallied over 4% in the last 24-hour period, pushing past 1,200andtouchinganintradayhighof1,200 and touching an intraday high of 1,223. The move was fueled by sharp volume spikes, renewed institutional interest, and rising network activity. The rally aligned with BNB Chain reclaiming its spot as the most-used blockchain by active addresses. In September, it logged 52.5 million active addresses, surpassing Solana for the first time since August, accord ...