{"id":51477,"date":"2025-10-07T11:31:42","date_gmt":"2025-10-07T11:31:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51477"},"modified":"2025-10-07T11:31:42","modified_gmt":"2025-10-07T11:31:42","slug":"bnb-hits-record-high-above-1280-as-blockchain-activity-surges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51477","title":{"rendered":"BNB Hits Record High Above $1,280 as Blockchain Activity Surges"},"content":{"rendered":"<div>\n<p>BNB, the native token of the BNB Chain and widely used for transaction fee discounts on Binance, jumped more than 5% over the last 24-hour period, crossing the $1,280 mark to hit a new all-time high.<\/p>\n<p>The rally comes as traders digested signs of increased demand from institutions and surging activity on the underlying blockchain, driven in part by the newly launched decentralized exchange Aster.<\/p>\n<p>BNB Chain reported a record 58 million monthly active addresses, overtaking Solana\u2019s 38,3 million according to data from <a href=\"https:\/\/tokenterminal.com\/explorer\/projects\/bsc\/metrics\/active-addresses-monthly\">TokenTerminal<\/a>. The growth reflects rising usage that\u2019s closely linked to Aster, which saw its total value locked jump over 500% to $2.4 billion, according to <a href=\"https:\/\/defillama.com\/protocol\/aster\">DeFiLlama<\/a>.<\/p>\n<p>The price move also coincides with the announcement of a partnership between <a href=\"https:\/\/x.com\/BNBCHAIN\/status\/1975185474688778573\">BNB Chain and Chainlink<\/a> to bring official U.S. economic data on-chain.<\/p>\n<p>During the peak of the rally, trading volumes exceeded the 24-hour average for a single session. That level of activity suggests there\u2019s broader strength behind the rally.<\/p>\n<p>BNB\u2019s recent move builds on broader optimism across crypto markets, though the cryptocurrency has been outperforming the wider market as measured by the CoinDesk 20 (<a href=\"https:\/\/www.coindesk.com\/index\/cd20\">CD20<\/a>) index, which is up just 0.3% in the last 24 hours.<\/p>\n<p>The wider market has been rallying amid a U.S. government shutdown that has left the Federal Reserve with data delays. As a result, traders are now betting that the Fed will cut rates by 25 bps this month, further benefitting risk assets.<\/p>\n<p><em><strong>Disclaimer:<\/strong>\u00a0Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to\u00a0<a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see\u00a0<a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BNB, the native token of the BNB Chain and widely used for transaction fee discounts on Binance, jumped more than 5% over the last 24-hour period, crossing the $1,280 mark to hit a new all-time high. The rally comes as traders digested signs of increased demand from institutions and surging activity on the underlying blockchain, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51477","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51477"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51477\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}