Throughout the year, predictions about BNB Coin reaching new all-time high (ATH) levels surpassing a thousand dollars were circulating. Recently, these predictions have come to fruition. At the time of this article’s preparation, the BNB price stands above $1,070. With a 26% increase over the past month, this Binance-backed altcoin has caught a strong momentum.
BNB Coin’s Unmatched ATH
Reaching a new all-time high of $1,083.47 in the last 24 hours, BNB has reached close to a market value of $150 billion. This achievement ranks it as the fifth most valuable cryptocurrency globally, trailing Tether. If it surpasses a market value of $172 billion, it will climb to the fourth position, just below XRP. In terms of volume, BNB has already surpassed XRP Coin, reaching $4.7 billion.
Recently, BNB has received numerous positive news updates. These include a $1.6 billion token burn, investments in AI-focused projects, negotiations between Binance and the US Department of Justice about lifting upholding measures, and more.
A major event contributing to BNB Coin’s ATH was the launch of Aster, a Hypeliquid competitor, on the BSC network, which gained attention through an airdrop. With its on-chain order book, the transfer of a traditional centralized exchange (CEX) interface to a decentralized exchange (DEX), and other appealing features, Aster attracted significant interest, which subsequently supported BNB Coin’s price.
We have seen similar occurrences on networks like Solana 
$86 or Ethereum 
$2,332. When an application gains substantial popularity on a network, it tends to also uplift the network’s main coin, as observed with BNB.
If BNB can maintain the support level of $1,002, it might advance further in its ongoing price exploration phase.
Celebration for BNB and CZ
Nowadays, CZ should be the most pleased observer of the BNB chart. An important milestone has been achieved; what once seemed unimaginable, with even three-digit prices being a dream, has now transformed with BNB’s price exceeding a thousand dollars. Those who were involved in cryptocurrencies in 2017 likely traded BNB for under $20. Most feel regretful today.
CZ shared the following sentiments when BNB first achieved its four-digit price:
“Witnessing BNB’s rise from its ICO price of $0.10 eight years ago to today’s $1,000 is indescribable. As neither a representative of any institution nor carrying any title, but solely as a community member and BNB investor, I extend my gratitude to everyone within the BNB and crypto ecosystem for their support.
We encountered challenges along the way, but we worked hard, built, and persevered. This is truly a community effort! This is just the beginning. Together to the next 10,000x!”
