BNB Hits a New All-time High, Showcasing Binance’s Long-term Growth

BNB, the native coin of the Binance ecosystem, hit a new all-time high of $804 earlier this week. The rally comes as the broader crypto market records excellent gains over the last couple of days.

However, the new all-time high also highlights Binance’s strategic growth over the last couple of years. In a blog post on Wednesday, Binance discussed some of the structural drivers behind its growth in the cryptocurrency industry. 

BNB Outperforms Altcoins

In its blog post, Binance pointed out that the new all-time high distinguishes BNB as the only major cryptocurrency, aside from Bitcoin, among the top 100 by market capitalization, with a history of over two years to achieve a new high this month. 

The powerful, five-week rally underscores a market consensus that increasingly views BNB as more of a blue-chip asset, second only to Bitcoin in the current bull cycle

Although BNB’s price has shown strong performance, sophisticated investors tend to focus beyond price alone, focusing instead on the broader risk-reward profile. From this perspective, BNB stands out among other major assets over 5 years, with a higher Sharpe ratio and a lower maximum drawdown.

BNB’s Value is Tied to its Utility

The cryptocurrency exchange pointed out that BNB's value is not merely speculative; it is anchored by a self-reinforcing "utility flywheel" that spans both centralized and decentralized ecosystems. This creates a virtuous cycle where utility drives demand, which in turn enhances the asset's value and encourages further ecosystem development.

BNB is used within the Binance ecosystem to pay for trading fees. Furthermore, as the native gas token, BNB is indispensable for paying transaction fees on the BNB Smart Chain (BSC), the opBNB Layer 2 (L2) scaling solution, and the decentralized storage network Greenfield. 

Additionally, Validators stake BNB to secure the network and earn rewards, while any user can delegate their stake to participate in this process and earn passive income. The token burn mechanism adopted by Binance has removed 31% of the total supply from the market over the last seven years, contributing to the price surge.

BNB Corporate Treasury Adoption Introduces a New Use Case

Following the path forged by Bitcoin, a new wave of "BNB Treasury" strategies appears to be emerging among publicly traded companies. By issuing convertible bonds or making direct purchases, corporations are beginning to hold BNB as a reserve asset to enhance treasury returns, improve liquidity, and gain strategic exposure to the crypto ecosystem. According to Binance founder CZ, at least 30 teams are actively exploring this strategy.

These cases mark BNB's transition from a primarily retail asset to an institutional-grade one. Even with only a few public plans revealed so far, the total potential buying pressure already exceeds $1.2B, a figure that represents strong market recognition.

Looking Ahead: Web2-Level Simplicity, Web3-Level Control

The cryptocurrency exchange also provided insights on its roadmap moving forward. he vision is to create the next generation of high-performance blockchain infrastructure."

In the short term, Binance intends to achieve;

• Increase the block Gas limit from 100 million to 1 billion, increasing throughput by 10x to 1 GigaGas/second. 

• Achieve sub-150ms transaction confirmation times and a throughput of over 20,000 TPS by 2026. 

• Match or even exceed the performance of traditional financial networks like Nasdaq. 

• Develop an upgradable virtual machine that supports large-scale parallel execution, surpassing current EVM limitations. 

• Introduce native privacy features to support privacy for token transfers and smart contract calls, while providing compliance-friendly confidentiality.

•  Build on-chain compute hubs to enhance processing power for large-scale Web3 applications, such as games and financial platforms.

• Support developers through Launch-as-a-Service (LaaS) and the BNB Incubation Alliance, providing tools, funding, and guidance. 

• Collaborate with partners like Ondo Finance to introduce 100+ tokenized US equities, ETFs, and funds to enhance liquidity from traditional markets. 

• Support AI-driven applications by combining BNB Greenfield's decentralized storage and Trusted Execution Environments (TEE) to promote data ownership and monetization protocols (like DataDAOs).

Regarding the future of BNB, Binance urged investors to pay close attention to several key variables. These variables include;

• The Pace of Corporate Treasury Adoption: Will more public companies follow the example of Nano Labs and Windtree? The success of 10X Capital's planned listing may serve as a key indicator.

• The Surge in On-chain Activity: BNB Chain led all L1s in DEX trading volume for most of 2025. By the end of June 2025, it recorded approximately US$369.2B in 30‑day DEX trading volume, with a peak weekly volume of over US$108B, outpacing Ethereum, Solana, and other major chains. If BNB Chain is able to maintain this momentum, it is poised to solidify a strong foundation for BNB’s value.

BNB is currently the fifth-largest cryptocurrency, with a market cap of $107 billion.