NewsBTC
Oct 4, 2025
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BNB Reaches Record High of $1,111 After 8% Surge

BNB Price Surge

  • BNB reached a record high of $1,111 with an 8% increase over 24 hours.
  • Liquidations totaled nearly $400 million, with $270 million from short positions and $127 million from long positions.
  • The token gained 17% in the last week and doubled its value over the past year.

Market Dynamics

  • Unexpected ADP payroll data showed a decline of 32,000 jobs in September, affecting market sentiment.
  • CME FedWatch tool indicates a 97% probability of a 25 bps rate cut at the upcoming Fed meeting.
  • Shifting rate expectations are driving investors towards gold and cryptocurrencies.

BNB Chain Updates

  • Gas fees reduced to 0.05 Gwei; previous reductions were from 3 Gwei to 1 Gwei and then to 0.1 Gwei.
  • Block intervals decreased from 750 milliseconds to 450 milliseconds.
  • Transaction fees target $0.005, aiming for $0.001 in the long term.
  • Trading transactions increased to 67% by June 2025, up from 20% earlier in the year.

Kazakhstan Investment

  • Kazakhstan’s Alem Crypto Fund chose BNB as its first investment asset.
  • The decision could influence institutional and regional players.

BNB Chart