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The BNB token, originally launched as a utility asset for the Binance platform, has made a historic leap: for the first time since its inception in 2017, it has become the third-largest cryptocurrency by market capitalization, surpassing XRP, one of the market's longest-standing players. According to CoinGecko, the total value of BNB has exceeded $179 billion.
 
 Over the past 24 hours, the asset's price has risen by almost 6%, and on October 7, it surpassed $1,300 for the first time in history. At the time of writing, the price is stable around $1,314.
 

Forecasts and sentiments

The market is reacting to this breakthrough with enthusiasm. Renowned analyst Crypto King suggested that, if current momentum continues, BNB could reach $2,000 within this cycle. This sentiment was echoed by crypto enthusiast BitBull, who noted that BNB Chain's growth potential is significantly underestimated—especially given the large-scale decentralization of the Binance ecosystem, which began in 2023.
 

Growth factors: from technical improvements to a user boom

BNB Chain (formerly Binance Smart Chain) continues to demonstrate record engagement. The number of monthly active addresses on the network has exceeded 58 million, surpassing competitors like Solana and NEAR Protocol. For comparison, according to Artemis XYZ, Ethereum had approximately 40 million monthly active users during the same period.
 
 Of particular interest is the surge in activity on the meme platform Four.Meme, where the majority of new tokens are being created on the BNB Chain platform. According to DEX Screener, the top 10 most discussed meme coins on decentralized exchanges in recent days consist almost entirely of assets launched in this ecosystem.
 
 Another powerful driver is the rapid growth of the decentralized exchange Aster. Since the launch of its native token, the platform's TVL (Total Value Locked) has skyrocketed from $378 million to $2.4 billion, making it one of the fastest-growing DeFi platforms of 2025.
 
 Equally important was the network's technical upgrade: in September 2025, the BNB Chain team reduced the minimum gas cost to 0.05 Gwei for all transaction types. As a result, fees dropped to $0.01–0.02—a level comparable to the cheapest L2 solutions, such as Base or zkSync Era. This made the network particularly attractive to mass users and developers of microtransaction applications.
 

Market Context: An Era of New Highs

The overall crypto market backdrop remains extremely positive. Bitcoin, the dominant asset with a share of approximately 55% of the total market capitalization, reached a new all-time high, surpassing $126,000—this was made possible by the approval of spot ETFs in the US and massive institutional entry. Ethereum, meanwhile, tested the $4,700 zone on the back of expectations for the full transition to EIP-4844 (proto-danksharding), which is expected to radically reduce fees in the ecosystem.
 

BNB and CZ's net worth

BNB's growth has directly impacted the wealth of Changpeng Zhao (CZ), the founder of Binance. According to the latest estimates by Forbes, his net worth has reached $89 billion, placing him 21st on the global billionaires list—above figures like Larry Page and Sergey Brin .
 
 Interestingly, CZ owns approximately 64% of the total BNB supply (approximately 89.1 million tokens), making him one of the most crypto-dependent billionaires in the world. A significant portion of these tokens is locked up as part of the BNB Auto-Burn mechanism, which aims to gradually reduce the total supply to 100 million coins—a strategy reminiscent of Bitcoin's deflationary model, but implemented through software-based burn mechanisms.
 
 Thus, BNB today is not just an exchange token, but the core of a full-fledged blockchain ecosystem with tens of millions of users, low costs, and growing influence in the world of DeFi and Web3.