#BNB突破1000 #BNBATH A token originally used to offset trading fees has completed a magnificent transformation from $0.1 to $1000 in eight years, creating another myth in the cryptocurrency field.
On September 18, 2025, Binance's native token BNB price broke through the $1000 mark, setting a new historical high. From the $0.1 at the time of the 2017 ICO to today's $1000, BNB achieved an astonishing ten thousand times increase in eight years.
At this milestone moment, Binance founder Zhao Changpeng (CZ) stated on the X platform: 'Seeing BNB rise from the ICO price of $0.10 eight years ago to today's $1000 is beyond words.'
01 Historical review, from startup to glory
The story of BNB began in the summer of 2017 when the cryptocurrency market was booming. In July of that year, Binance issued BNB through an ICO at an initial price of just $0.1, raising $15 million.
Initially, BNB was just a 'utility tool' for the Binance exchange, allowing users to pay trading fees (with a maximum discount of 50%) and participate in subscriptions for Binance Launchpad projects.
This dual incentive of 'trading discounts + project participation' quickly helped BNB build a reputation among early users, also planting the seeds for subsequent value growth.
2019 was a key turning point in BNB's development journey. In April of that year, Binance launched its self-developed Binance Chain, and BNB migrated from the Ethereum ERC-20 token to Binance Chain, becoming a native token.
02 Multiple factors driving the surge in BNB prices
Deflationary model: Scarcity creates value
BNB's deflationary model is regarded as a 'classic case' in the crypto space. Since its issuance in 2017, BNB has cumulatively burned over 62.8 million tokens, compressing the initial circulation from 202 million to the current 139.18 million.
This forms a 'self-reinforcing cycle': the higher the BNB price, the more funds the platform uses for buybacks, further reducing circulation; and the less the circulation, the tighter the supply-demand relationship, which in turn pushes prices higher.
This logic of 'the more it rises, the scarcer it becomes' has become BNB's 'value moat'. In just the third quarter of 2025, Binance burned $1.6 billion worth of BNB, further accelerating the deflationary process.
Ecosystem expansion: From single function to diverse applications
Behind the price is the ecosystem's 'confidence'. In the third quarter of 2025, BNB Chain reported significant data: the number of decentralized applications (dApps) surpassed 5000, covering multiple fields such as DeFi, NFT, and gaming.
The total locked value (TVL) on-chain has reached $7.75 billion, setting a new high in 3.5 years. On-chain trading volume surged by 19% month-on-month, with user activity continuing to rise.
BNB Chain's low Gas fees and high TPS (transactions per second) provide an excellent user experience, making it one of the highest transaction volume blockchain networks.
Regulatory easing: Injecting confidence into the market
The easing of regulatory pressure has also provided strong support for BNB's rise. In early September 2025, good news continued to come: the U.S. Department of Justice is negotiating with Binance, possibly withdrawing the previously assigned 'compliance supervisor'.
What excites the market even more is that CZ quietly added back the 'Binance' tag in his personal profile on the X platform. This tag was previously removed due to regulatory pressure, and its return is interpreted as a signal that 'CZ may re-deeply engage in Binance's operations.'
The SEC withdrew its lawsuit against Binance, Binance US fiat trading platform, and CZ himself in May, eliminating the last attack regarding BNB potentially being classified as a security, bringing significant benefits to BNB.
03 Traditional institutions entering the BNB ecosystem
On September 10, 2025, Binance officially announced a major collaboration: partnering with global asset management giant Franklin Templeton for RWA (real-world assets) cooperation.
This traditional financial giant, managing over $15 trillion in assets, is set to collaborate with Binance to develop 'compliant tokenized securities products', expected to launch by the end of the year.
Upon the news, the market erupted — within 24 hours of the cooperation announcement, BNB's price welcomed a surge. This signifies that 'traditional capital' has truly begun to embrace the BNB ecosystem.
Today, BNB's market capitalization has reached $138 billion, surpassing the valuation of Swiss banking giant UBS — a cryptocurrency outpacing a century-old bank.
Several DAT companies are purchasing BNB, with each investment reaching hundreds of millions of dollars, further driving up BNB's value.
04 Future outlook, CZ calls for the 'next 10,000 times'
At the end of the article, CZ specifically emphasized: 'This is just the beginning. Let's step towards the next 10,000 times together!'
CZ's confidence does not come from nowhere. On the one hand, the ecosystem of BNB Chain is still expanding, and there may be more applications and users entering in the future.
On the other hand, the partnership with Franklin Templeton is just the beginning; if more traditional institutions follow suit, the 'application scenarios' for BNB will open further.
BNB Chain is advancing the opBNB expansion plan (aiming to reduce Gas fees by 10 times), sharding technology (to improve transaction throughput), and zero-knowledge proofs (to enhance privacy protection). These technological upgrades will attract more institutional-level DeFi applications and traditional enterprises to join.
As the global regulatory framework gradually clarifies, Binance's settlement with the U.S. Department of Justice (paying a $4.3 billion fine and lifting operational restrictions) has eliminated significant uncertainties.
If the BNB staking ETF launches smoothly and Binance goes public, it will further push BNB into the traditional financial system, attracting more institutional investors to participate.
Eight years ago, when investors participated in the BNB ICO at a price of $0.1, few could have imagined it would break $1000 on September 18, 2025.
The tenfold increase of BNB is behind the evolution of the cryptocurrency industry from the fringe to the mainstream. The collaboration between traditional financial giant Franklin Templeton and Binance, the influx of billions of dollars from institutions, and the gradual clarification of the global regulatory framework are all paving the way for BNB's future development.
CZ's vision of the 'next 10,000 times' may seem bold, but driven by technological progress, ecosystem expansion, and institutional adoption, the story of BNB may indeed be 'just the beginning'.
