- BNB set a new all-time high of $904.37, pushing its market cap above $124B and surpassing Solana in rankings.
- A partnership with Franklin Templeton led to institutional momentum, boosting investor confidence in BNB.
- BNB’s growth continues to align with ecosystem expansion and cross-chain activity on Binance Smart Chain.
Binance Coin (BNB) surged past a $124 billion market capitalization this week, overtaking BlackRock’s trust and Rolls-Royce in value. The asset also climbed to the fifth largest position among global cryptocurrencies, just behind Bitcoin, Ethereum, Tether, and XRP.
According to official updates, BNB set a new all-time high of $904.37 on September 10, 2025. The surge followed strong technical momentum and a partnership between Binance and Franklin Templeton, an asset manager with $1.6 trillion under management.
BNB Maintains Uptrend and Breaks Record Levels
BNB has been one of the most consistent performers over the past year, sustaining an upward trajectory without breaking trend. The token recently broke its previous all-time high of $899, setting a new milestone above $904.
Notably, the move placed BNB’s market cap higher than Solana’s, which it surpassed to claim the fifth spot in the rankings. Market data confirmed its capitalization at approximately $124.67 billion, securing rank 177 among global companies.
Institutional Partnerships Drive Market Momentum
The recent surge coincided with Binance’s announcement of a collaboration with Franklin Templeton. The deal aims to develop tailored digital asset initiatives, combining Franklin Templeton’s tokenization expertise with Binance’s global trading infrastructure.
Binance, under CEO Richard Teng, emphasized that the partnership will enhance efficiency, transparency, and accessibility in capital markets. Analysts cited this agreement as a key driver of renewed institutional interest in BNB during the third quarter.
Ecosystem Expansion Supports Growth Patterns
Historical data highlight that BNB’s strongest price movements often align with ecosystem advancements, such as new partnerships or technology updates. The current rally shows a continuation of that pattern, supported by developments within the Binance Smart Chain.
Cross-chain activity with assets like Ethereum and Avalanche also showed correlation with Binance’s structural growth. According to CZ, Binance’s co-founder, the rise is “not a competition,” noting that BlackRock is also engaged in crypto. This perspective underscores the broader institutional involvement seen during BNB’s latest surge.
