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Why Is BNB Up Today? Price Tops $1.2K as Chain Activity and Institutional Demand Grow

Summary by Coin Desk
BNB, the token that powers the BNB Chain and is used for fee discounts on Binance, rallied over 4% in the last 24-hour period, pushing past $1,200 and touching an intraday high of $1,223.The move was fueled by sharp volume spikes, renewed institutional interest, and rising network activity. The rally aligned with BNB Chain reclaiming its spot as the most-used blockchain by active addresses.In September, it logged 52.5 million active addresses, s…

8 Articles

The Binance-created network has doubled its active accounts and nearly tripled its transactions since last April, while other networks are losing users. Read more

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CryptoPotato broke the news in on Sunday, October 5, 2025.
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