BNB Shatters Records: Binance’s Native Token Soars Past $1,000 Milestone

Binance's BNB token just blasted through the psychological $1,000 barrier—marking a historic moment for exchange tokens and defying broader market hesitations.

The surge positions BNB as one of the few major cryptocurrencies to achieve new all-time highs during recent sideways action across Bitcoin and Ethereum.

Fueling the Rally

Increased utility within Binance’s ecosystem—from fee discounts to token burns—continues driving demand. Meanwhile, traditional finance still can’t decide whether to regulate crypto or just complain about it.

Whether this marks a standalone breakout or foreshadows a broader altseason remains the billion-dollar question—literally.

At the time of publishing, BNB is trading near $997, up 4.38% in the past 24 hours. It has a market cap of $138.78 billion, positioning itself as fifth largest cryptocurrency by market cap. 

“Diamond Hand” investor’s fortunate BNB holding

As BNB hit the $1,000 mark, a Diamond Hand investor’s $1k of investment in BNB has reached nearly $1 million, representing a 1,000x return. Noted by Lookonchain, the wallet address is still holding onto their assets even after a prolonged period of 8 years. 

BNB just broke $1,000 today! @cz_binance

Diamond Hand 0x8503 spent less than $1K to buy 999 $BNB eight years ago, when the price was only ~$1.

Now, those 999 $BNB are worth ~$1M, a 1,000x return.https://t.co/DIkr8auXWA pic.twitter.com/4qZElFjyt5

Diamond Hand is a popular slang term in crypto for investors who hold onto their assets for a significantly long period despite volatility, market crashes, or pressure to sell. 

CZ’s potential return to Binance 

The recent spikes in BNB price started showing after CZ hinted towards joining Binance again, as he changed “ex-Binance” from his X bio to “Binance” on September 17. This sparked rumors within the crypto community about his potential return to Binance with an active senior role. 

Noting the pump, a popular crypto analyst, EmperorBTC, noted on X that BNB was initially given free to users on the Binance exchange. “BNB is at 1000 dollars today. Years ago you could get it for free by trading on Binance,” he said. “Take it as a lesson. Never bet against a founder who’s ready to go to jail for his company and do infinite crime for your wealth.” 

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