BNB News Today: Institutional Demand and Fee Cuts Power BNB to $1,114, $154B Milestone

BNB reached an all-time high of $1,114.67 on Friday, driven by a short squeeze, network fee reductions, and growing institutional demand. The token's price surged 6.1% in a single day, with weekly gains extending to 17.2%, according to CoinGecko data. BNB's market capitalization now exceeds $154 billion, solidifying its position as the fourth-largest cryptocurrency. Analysts attribute the rally to $7.7 million in liquidated short positions, a reduction in BNB Chain transaction fees to $0.005 per transfer, and speculation around a potential U.S. spot BNB ETF. The price breakout above the $1,084 resistance level has shifted market sentiment to bullish, with short-term targets now at $1,200 BNB Hits All-Time High as Network Upgrades and …^[1].

Network upgrades, including the Maxwell upgrade, have significantly enhanced BNB Chain's scalability and efficiency. The upgrade cut gas fees by 50% to 0.05 Gwei and reduced block times to 450 milliseconds, positioning the chain as a competitive alternative to high-speed networks like Solana. These improvements have spurred a surge in on-chain activity, with decentralized exchange (DEX) volume reaching $3.4 billion in 24 hours and stablecoin supply growing by 6% to $13.46 billion. Total locked value (TLV) on BNB Chain rose 2.5% in a single day to $8.23 billion, reflecting heightened developer and user participation BNB Price Breaks to New All Time High with 17% Surge …^[2].

Institutional adoption has further fueled BNB's rally. Kazakhstan's Ministry of AI launched the Alem Crypto Fund, selecting BNB as its primary reserve asset, while Windtree Therapeutics and Nano Labs allocated $520 million and $1 billion respectively to BNB treasuries. These moves mirror Bitcoin's strategy of reducing circulating supply and reinforcing long-term demand. Additionally, 10X Capital's planned U.S.-listed BNB treasury vehicle with $160 million in holdings has intensified speculation about the token's utility beyond a utility asset BNB Price Breaks to New All Time High with 17% Surge …^[2].

User and transaction metrics underscore BNB Chain's rapid growth. Monthly active users have doubled to over two million in the past year, while daily transactions surged tenfold to 10 million. Projects like Aster and PancakeSwap have driven capital inflows, boosting stablecoin supply by $2 billion in two weeks. Animoca Brands reported that BNB Chain's active addresses reached 73.24 million last month, a record high. These figures highlight the network's expanding ecosystem, supported by low-cost infrastructure and faster processing speeds BNB Hits All-Time High as Network Upgrades and …^[1].

Despite the bullish momentum, analysts caution of short-term risks. The Relative Strength Index (RSI) indicates BNB is nearing overbought territory, signaling potential pullbacks. Dean Chen of Bitunix emphasized that regulatory developments, particularly the U.S. SEC's stance, will shape BNB's long-term trajectory. Sustained demand will depend on the success of upcoming network upgrades and the ability of institutional adoption to offset regulatory headwinds BNB Hits All-Time High as Network Upgrades and …^[1].