BNB has just reached a new ATH milestone at 868.79 USD, bringing this altcoin close to the important psychological threshold of 1,000 USD.
This growth phase marks the transformation of BNB from an ERC-20 token launched in 2017 for the exchange into a global cross-border financial asset, operating one of the most vibrant public blockchains in the world.
BNB sets a new price record above 868 USD
The official account of BNB Chain shared this milestone in a post this afternoon (August 14), emphasizing that the achievement is the result of many years of continuous innovation.
Initially, BNB was launched on Ethereum to provide trading fee discounts for Binance traders, and then migrated to its own blockchain in April 2019. Currently, BNB serves as a pillar for a hybrid ecosystem, combining centralized finance (CeFi), decentralized finance (DeFi), and real-world payments.
In the Binance ecosystem, BNB is used for trading fee discounts, access to token sales, earning interest on loans, and participating in exclusive promotional programs. In the DeFi space, over 5,000 decentralized applications (dApps) leverage BNB for areas such as staking, lending, liquidity restaking, trading fee discounts on DEX, and participating in Launchpool.
In real life, BNB has been integrated into the process of booking flights, hotels, retail payments, and on-chain finance for organizations. According to BNB Chain, several recent major deals have demonstrated this widespread acceptance, including CEA Industries purchasing 160 million USD worth of BNB – becoming the US public company that holds the most BNB.
In addition, there is a BNB fund worth 500 million USD backed by more than 140 organizations, and Nano Labs has now issued a 50 million USD convertible bond to finance the plan to buy back BNB worth 1 billion USD.
BNB is also the foundation for projects like tokenized stocks from xStocks, deploying traditional financial assets (TradFi) from Ondo Finance, and global markets operating 24/7.
Speed, scalability, and the race to the 1,000 USD mark
The outstanding technical performance of this blockchain is a key factor driving BNB to set an ATH. BNB Chain processes blocks in just 0.75 seconds, achieving a confirmation time of 1.875 seconds, with a capacity of up to 100 million gas per second.
As a result, the network has processed more than 12 million transactions daily and achieved 165 billion USD in DeFi trading volume in just 6 months, with super low fees around 0.01–0.03 USD – sufficient for microtransactions, cross-border payments, and in-app payments.
BNB Chain plans to scale up to a throughput of 1 gigagas/second, over 20,000 transactions/second (TPS), and reduce confirmation time to below 150 milliseconds. The goal is to achieve instant global payments, integrating privacy security and a user-friendly experience like Web2 applications.
Market analysts are very optimistic about the outlook for BNB. Specifically, trader Daan Crypto Trades highlights the resilience of BNB in 2025, along with TRX from Tron maintaining its upward momentum despite market volatility.
This creates a healthier market as large-cap coins often lead, before capital flows down to other altcoins.
Technical analysts suggest that BNB will soon reach 1,000 USD. Crypto King notes that the price is only about 15% away from the four-digit threshold, remaining strong above the support area after breaking the old ATH of 865 USD – a sign ready for the next upward movement.
BNB's price increase has also helped its market capitalization surpass many traditional large corporations. A recent report showed that BNB's market cap has surpassed Nike, leading to predictions that the 1,200 USD mark could be the next target if the upward momentum is maintained.
However, at the time of writing, BNB is currently trading at 838.67 USD, down 2.4% in the past 24 hours, indicating that short-term correction may slow its progress toward the 1,000 USD mark.