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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 $1,200 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 ...