BNB has once again set a record by surpassing $1,280 today, even approaching $1,300. This price movement trailed an increase in user numbers on the BNB Chain and a rise in on-chain volume. With a strong appetite for risk prevailing in the market, the price boost gained momentum during hours when institutional demand signals intensified. The rapid growth of the decentralized exchange Aster within the blockchain further increased transaction intensity and the value of assets locked on the network (TVL). Additionally, the announcement of a collaboration between the network team and Chainlink 
$13 to integrate official U.S. macroeconomic data into the blockchain also supported this upward trend.
Network Data Fuels BNB’s Ascension
BNB Chain reported a record high in monthly active addresses, reaching 58 million. This metric significantly surpassed Solana 
$139‘s 38.3 million active addresses, highlighting substantial growth on the ecological front of users. The increase in the user base further strengthened the use of the BNB coin, which allows access to discounted transaction fees within the ecosystem, therefore boosting demand for the altcoin.
Aster’s emerging prominence also played a critical role in this rise. According to DeFiLlama data, the network’s TVL surged by over 500% in a short period, reaching $2.4 billion. The flow of liquidity within the market and bilateral incentives attracted capital seeking yield towards BNB Chain applications. A burst in spot volume also strengthened the price’s reaction.
Additional Factors Supporting Altcoin’s Rise
During intraday pricing, the transaction volume surpassed the 24-hour average, indicating that the momentum was not solely limited to the influx of individual investors. While the top 20 cryptocurrencies were trading in a flat-positive trajectory, BNB distinguished itself positively from the market with its rise. The short-term performance difference is explained by specific catalysts resulting from on-chain data.
On the macro front, data delays caused by the U.S. government shutdown and expectations of a 25-basis point rate cut within the month accelerated pricing in favor of risky assets. The announcement of official economic data being integrated into the blockchain through the BNB Chain-Chainlink partnership deepened the narrative of institutional integration, setting the stage for a price rise.
