Binance Coin Hits New All-Time High of $1,099 on October 2

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Binance Coin (BNB) reached a peak of $1,099.22 on October 2, 2025, before stabilizing around $1,090, marking a 260% year-to-date increase and positioning it as the fifth-largest cryptocurrency with a market cap over $160 billion. The surge is driven by BNB Chain's expansion in DeFi, real-world asset tokenization, and AI projects, alongside Binance's innovations like wallet extensions and token burns, amplified by Bitcoin's rally and expectations of Federal Reserve rate cuts. Analysts forecast potential gains to $1,120 by the end of October amid sustained bullish technical indicators.