BNB Price Jumps 8% In New ATH, Founder Explains

Core Insights - BNB, the native cryptocurrency of BNB Chain, has reached an all-time high of $1,088, with a daily trading volume of $4.76 billion, reflecting an 8% increase on September 21 [1] - The recent rally is attributed to strong trading volumes and a significant increase in BNB futures open interest, which surged by 28% to over $2.58 billion [2] - Analyst predictions suggest that BNB could potentially reach $2,000 and $5,000, indicating a bullish sentiment in the market [3] Factors Contributing to the Rally - A major policy shift under the Trump administration and the dismissal of the SEC lawsuit against Binance have alleviated regulatory concerns, positively impacting BNB's price [5] - BNB Chain has implemented performance upgrades, reducing block times from three seconds to 0.75 seconds and decreasing gas fees by tenfold, which has enhanced transaction efficiency [6] - The introduction of the USD1 stablecoin on BNB Chain has strengthened liquidity, filling the gap left by the shutdown of BUSD in 2023 [8]