On September 18, 2025, the price of BNB skyrocketed to a new all-time high of $997, cementing its status as one of the leading altcoins. At the time of writing, BNB is trading near $992, showing a 4.16% daily gain, according to TradingView.
Analysts attribute this surge to the Federal Reserve’s recent interest rate cut and reports that the U.S. Department of Justice may soon end its external monitoring of Binance, imposed as part of its previous settlement agreement.
BNB’s market capitalization has now reached $138.35 billion, keeping it firmly in the top five cryptocurrencies worldwide. Trading volume has also surged — surpassing $3.73 billion over the past 24 hours, up 11.45% compared to the previous day (CoinMarketCap).
Institutional activity has played a key role in supporting BNB’s rally:
- CEA Industries and 10X Capital, backed by YZi Labs, announced a $500 million PIPE and $750 million in warrants to create the largest BNB reserve on the market.
- CEA Industries has already built a corporate BNB reserve worth $160 million, making it the largest publicly traded holder of BNB.
- B Strategy plans to launch a $1 billion reserve management firm dedicated to BNB.
Market sentiment has been further fueled by speculation about the launch of the first U.S.-listed spot BNB ETF. REX Shares and Osprey Funds have already filed an application with the SEC, with trading potentially set to begin on November 9, 2025, pending regulatory approval.
Adding to the momentum, developers recently announced a major BNB Chain upgrade that will significantly increase network throughput, supporting up to 5,000 DEX swaps per second and raising the gas limit per block tenfold.
Combined with Binance’s recent partnership with Franklin Templeton, these factors provide strong fundamentals for further price growth. If bullish sentiment continues, BNB could break above the psychological $1,000 mark for the first time in history.