BNB, the native token of the Binance exchange, has recently hit a new all-time high of $907.38 on September 10th, marking a significant milestone for the cryptocurrency. This achievement comes amidst a broader rally in the crypto markets, which have now surpassed $4 trillion in total market capitalization after a $100 billion surge in just 24 hours.
BNB has seen impressive gains in 2025, with a 29% increase so far this year and a remarkable 191% growth since 2024. This performance sets BNB apart as one of the standout performers among major altcoins from the 2017 cycle. Notably, BNB is the only token from that era that has consistently reached multiple all-time highs throughout 2025.
In comparison to the -28.8% average performance of 22 crypto sectors, Bitcoin, and Ethereum this year, BNB has outshone the competition. Its strong performance reflects the growing popularity and utility of the Binance ecosystem.
The recent surge in the crypto markets was largely driven by positive news on the economic front, particularly the Producer Price Index (PPI) data, which showed lower-than-expected inflation at 2.6%. This dovish print has increased the likelihood of a 50 basis point rate cut by the Federal Reserve in September, boosting investor sentiment across risk assets, including cryptocurrencies.
The market optimism following the PPI data has also been reflected in the performance of other major cryptocurrencies like Bitcoin and Ethereum. Additionally, odds on prediction markets such as Polymarket have shifted in response to the news, indicating growing confidence in a potential rate cut.
In a strategic move, Binance announced a partnership with Franklin Templeton on the same day as BNB’s all-time high. This partnership aims to develop new digital asset initiatives and products by leveraging Franklin Templeton’s expertise in compliant tokenization and Binance’s global trading infrastructure. The collaboration seeks to enhance efficiency and accessibility in capital markets by implementing tokenization solutions for settlement, collateral management, and portfolio construction at scale.
Overall, BNB’s new all-time high milestone and the strategic partnership with Franklin Templeton underscore the growing significance of cryptocurrencies in the global financial landscape. As the crypto market continues to evolve and mature, BNB remains a key player to watch.
At the time of writing, BNB is ranked #5 by market cap, with a price increase of 1.22% over the past 24 hours. The token has a market capitalization of $124.6 billion and a 24-hour trading volume of $2.88 billion. The total crypto market is currently valued at $3.96 trillion, with Bitcoin dominance at 57.40%. With ongoing developments and positive market sentiment, BNB’s upward trajectory is likely to continue in the foreseeable future.