Binary Network Coin Breaks $1,000 Barrier: Journey from $0.10 to $1,000 - A Remarkable 10,000-fold Cryptocurrency Milestone
In a significant development for the cryptocurrency market, Binance Coin (BNB) has surged to an all-time high of $1,007. This milestone comes amidst a flurry of positive news surrounding the digital asset and its parent company, Binance.
Rumors are swirling that VanEck is preparing to file for a BNB-focused Exchange Traded Fund (ETF), though this remains unconfirmed. If approved, this could further boost BNB's profile and attract more institutional investment.
The surge in BNB's price is not solely due to the Fed rate cut or ETF inflows, but also due to increasing speculation that Binance will soon settle its compliance issues with the U.S. Department of Justice (DOJ). Changpeng Zhao (CZ), founder of Binance, might soon rejoin the community in a strategic or advisory role, fueling speculation and potentially contributing to the rising of BNB.
Binance Coin's success is based on community engagement and practical implementation, as opposed to many other tokens whose successes are based solely on hype and speculative cycles. BNB powers Binance's entire ecosystem, including BNB Chain, staking, governance, and transaction fees.
The BNB Network Company (BNC) acquired 200,000 BNB tokens worth about 160 million USD in recent months, creating the world's largest BNB treasury as of August 2025. No other specific institutions or their BNB holdings were detailed in the available sources.
Nano Labs has accumulated over $90 million in BNB with plans to reach $1 billion in long-term holdings. CEA Industries (Nasdaq: CEAD) holds 418,888 BNB, valued at over $368 million, making it the largest corporate BNB treasury globally. B Strategy, supported by YZi Labs, has allegedly increased $1 billion to purchase and manage BNB exposure using a special treasury vehicle.
The rally of BNB is reflective of a healthy DeFi ecosystem with rising user engagement. BNB Chain's Total Value Locked (TVL) now sits at $7.93 billion. Bitcoin and Ethereum continue to attract steady ETF inflows, lifting sentiment across altcoins.
The Federal Reserve rate cut by 25bps has been positive to the wider crypto market, historically causing asset risk rallies. The Binance exchange is reportedly progressing in talks to remove the requirement of a court-appointed monitor, which could lift a heavy regulatory risk burden on users of BNB and Binance.
CZ wrote, "This is just the beginning. To the next 10,000x together," echoing a sentiment across crypto platforms like Twitter, Telegram, and Reddit. The all-time high of $1,007 marks a 10,000x return since its 2017 Initial Coin Offering at $0.10, underscoring the phenomenal growth of BNB.
As BNB continues to break new records, it remains to be seen how this trend will unfold in the coming months. However, with the growing ecosystem, regulatory progress, and increasing institutional interest, the future looks bright for Binance Coin.
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