- BNB price briefly traded at an ATH of $1,005.29.
- Changpeng Zhao said that a pro-crypto US administration and rate cut, among other reasons, may have possibly contributed to the high.
- BNB price was last seen undergoing a correction on the chart.
BNB Price experienced a moment of bliss when it briefly traded above $1,000. That marked a new ATH for the Binance token and simultaneously triggered speculations about returning to the said high. BNB price has now retraced to a lower value, possibly indicating correction. But sentiments around BNB price are bullish. Binance Founder Changpeng Zhao took a moment to explain possible reasons behind the surge in BNB price.
New BNB Price ATH
BNB price breached the $1k milestone and briefly traded at an ATH of $1,005.29. The price of Binance token has retraced its steps to under the milestone, and is trading at $988.14 when the article is being drafted. That is a decline of 0.48% over the last 24 hours. Nevertheless, BNB price reflects a surge of 9.07% in the last 7 days and 18.46% in the last 30 days. There is a significant decline of 6.03% in the 24-hour trading volume.
According to data from CoinCodex, it is possible for BNB price to again breach the mark of $1k in the next 30 days. The data highlights the possibility of a jump of around 6.69% during the time window. Thereby, taking the BNB price to around $1,054.40. Overall sentiments around BNB are bullish amid the volatility of 3.54%.
Binance Founder Changpeng Zhao Lists Possible Reasons
The Founder of Binance, Changpeng Zhao, has listed out possible reasons for BNB to reach the ATH of $1,005.29. Also known as CZ, Zhao pointed out that BNB price may have reached a high because of the new pro-crypto administration in the US. He called himself more of a community member and added that the return of meme coins to BNB Chain could also have had a significant impact on BNB price rise.
Why BNB reach $1000?
Good question. No one knows for sure. Correlation does not prove causation. But here is a incomplete list of possible reasons.
People tend to give me too much credit. I didn’t do much. I am not technically involved like Vitalik. I am at best a mascot, but… https://t.co/rvhFA0yxYP
— CZ 🔶 BNB (@cz_binance) September 18, 2025
Moreover, Changpeng CZ Zhao noted that BNB Chain has worked to reduce block time to 1.5 seconds from 3 seconds in addition to reducing gas fees by 10x. He continued listing the possible reasons by stating that the issuance of USDT1 on the BNB Chain may have been another contributing factor.
Most importantly, he acknowledged that the rate cut announcement by the Federal Reserve to bring the lending rate to the range of 4.0 – 4.25% may have also played a crucial role. The US Fed announced a cut of 25 bps and signalled that it could announce two more similar rate cuts before the end of 2025.
BNB Price ATH Celebration
Binance has announced through a different X post that it will be celebrating the achievement of BNB price ATH. It has introduced a prize pool of $800,000. This can only be unlocked by undertaking the first-ever trade of $100 or a higher value. A few members have called this the perfect timing to onboard new users to the ecosystem.
Changpeng Zhao had earlier explained different ways of hacking advancements in the crypto market. Malicious actors, according to CZ’s explanation, were posing as employees or employers to gain access to the market.
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