BNB price shoots to ATH due to rising network activity and upgrades

BNB has reached another milestone with a price of $1,190, and that’s not just due to the broader market rally. The network itself is running at full speed, with rising activity, technical improvements, and strategic actions that strongly support the price.

Network activity and token burns create a strong foundation

On Friday, the price of BNB surged to a record high of $1,111.90, and this morning it reached another all-time high of $1,190.05. It’s currently trading at $1,160.21, up 4.29% in 24 hours and more than 19% in a week.

Interestingly, this increase goes hand in hand with higher actual network usage.

According to DefiLlama, the total value locked on BNB Chain rose by 2.5% in 24 hours to around $8.23 billion. There are also more active users, and the number of transactions is near a peak. The popularity of Astra has also contributed to this trend.

Unlike pure speculation, this price rise is supported by fundamental growth. Companies are adding BNB to their treasury, and thanks to the automatic burn mechanism, the supply is gradually decreasing. This pattern of institutional buying pressure combined with token burns has caused price increases before and seems to be working again.

Lower costs and faster transactions through upgrades

A major technological adjustment took place last Wednesday when validators on the BNB Chain switched to a minimum gas price of 0.05 gwei. This makes transactions cheaper and more efficient, giving the chain a competitive advantage. Steps are also being taken to connect wallets and exchanges to this standard.

The BNB roadmap shows that the team has big ambitions. The block gas limit should rise from 100 million to 1 billion, allowing BNB to process 20,000 transactions per second by 2026, with confirmation times below 150 milliseconds. Previous upgrades such as Maxwell and Lorentz have already resulted in faster blocks and improved validator performance.

The market stays calm despite hack and looks ahead

Remarkably, the price remained almost stable after a security incident in which the official BNB Chain account on X was hacked. The team’s quick response and the limited network impact showed that user confidence remains intact.

If the current trend continues, Standard Chartered’s forecast that BNB will reach $1,275 in 2025 seems achievable. The mix of rising usage, technological innovation, declining token supply, and a positive market forms a solid foundation. The only real challenge? Staying ahead of the competition.