BNB hits record $1,112 amid rising network activity
BNB, the native token of BNB Smart Chain (BSC), reached its highest price to date at $1,112 on October 3, up about 7% in 24 hours and 18% over the week.
The growth mirrored a broader crypto uptick and followed months of steady network growth and token burns cited by analysts earlier this year. According to DefiLlama, total value locked in the Binance Smart Chain (BSC) increased by about 8% in the past day to over $8 billion, while active addresses reached 18.6 million in September 2025.
Currently, BSC is the 4th largest blockchain by TVL, following Ethereum, Solana, and Bitcoin. Among the most popular BSC-based platforms are PancakeSwap, Lista DAO, and Aster. September’s ASTER token launch drew a wave of perpetual contract traders, pushing transaction volumes on the network higher.
Major technical developments played a critical role in BNB’s rise. Following a community decision on October 1, BNB Smart Chain validators adopted a new minimum gas price of 0.05 Gwei, reducing transaction costs to as low as $0.005. This move, part of a plan to increase capacity by 10x, is making the network more competitive and attractive to users and developers.
Currently, BSC is the 4th largest blockchain by TVL, following Ethereum, Solana, and Bitcoin. Among the most popular BSC-based platforms are PancakeSwap, Lista DAO, and Aster. September’s ASTER token launch drew a wave of perpetual contract traders, pushing transaction volumes on the network higher.
BNB reached a new all-time high of $1,112.97 on October 3, 2025. Source: TradingView
According to CryptoRank data, active addresses on BSC rose 57% in Q3 2025, hitting a new all-time high of 47.3 million. Transactions jumped from 892 million in Q2 to 1.22 billion in Q3. In September, the chain generated $2.2 million in revenue, its highest since March. DEX trading volume for Q3 reached $225 billion, the largest since Q4 2021.
Major technical developments played a critical role in BNB’s rise. Following a community decision on October 1, BNB Smart Chain validators adopted a new minimum gas price of 0.05 Gwei, reducing transaction costs to as low as $0.005. This move, part of a plan to increase capacity by 10x, is making the network more competitive and attractive to users and developers.
Upcoming network plans include expanding the block gas limit to 1 billion and targeting 20,000 transactions per second (TPS) with sub-150 millisecond finality, ensuring the chain can scale to meet growing global demand.
At the time of writing, BNB is trading at around $1,105, ranking as the fifth largest cryptocurrency with a market cap of $154 billion.
At the time of writing, BNB is trading at around $1,105, ranking as the fifth largest cryptocurrency with a market cap of $154 billion.
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Web3 writer and crypto HODLer with a keen interest in market trends and recent technologies.
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