BNB Hits Record High Above $1,280 as Blockchain Activity Surges

BNB, the native token of the BNB Chain and widely used for transaction fee discounts on Binance, jumped more than 5% over the last 24-hour period, crossing the $1,280 mark to hit a new all-time high. The rally comes as traders digested signs of increased demand from institutions and surging activity on the underlying blockchain, driven in part by the newly launched decentralized exchange Aster. BNB Chain reported a record 58 million monthly active addresses, overtaking Solana’s 38,3 million according to ...