15-9-2025 – Binance’s ecosystem token BNB has hit a record peak of $943.08, trading at $927 as of 11:26 a.m. Eastern Time, with its market capitalization reaching $128 billion. Launched in 2017, BNB now stands as the sixth-largest cryptocurrency by value, surpassing the market cap of Swiss banking giant UBS, as highlighted by the X account Whale Insider over the weekend.
The token’s climb reflects robust demand within the Binance network, fueled by utility in trading fees, staking, and DeFi applications. Binance co-founder Changpeng Zhao responded on X, advocating for banks to integrate BNB and offering community assistance for adoption. Replies varied, with some rejecting the notion outright, others predicting rival blockchains like Solana would gain traction via upcoming ETFs, and critics urging crypto-native financial alternatives over legacy partnerships. This rally underscores crypto’s growing parity with traditional finance, challenging established hierarchies without institutional endorsements.
