- BNB jumps to $1,300 as Binance gains strength from rising liquidity, steady burns, and growing links with traditional finance.
- Strong on-chain activity, stablecoin dominance, and new institutional deals push BNB to lead the crypto market recovery.
- Binance expands beyond trading with new partnerships, a $1B fund, and solid on-chain growth fueling BNB’s long-term value.
BNB has once again captured the crypto spotlight after soaring to $1,300, marking the strongest performance among major cryptocurrencies this October.
According to CryptoQuant analyst xwinfinance, this surge is not a short-term spike but the outcome of Binance’s structural recovery and growing links with traditional finance. The rally reflects real market strength, supported by rising on-chain activity and new institutional partnerships that are shaping Binance’s next growth phase.
Strong On-Chain Momentum Fuels BNB Rally
Since late September, data shows strong buying momentum across both spot and futures markets. Buyer dominance has been evident as Taker CVDs for both markets trended upward. Binance’s share of ERC-20 stablecoin reserves climbed close to 70%, its highest level in years. This sharp rise in liquidity concentration gives BNB a firm base, driving sustained demand for trading, staking, and Launchpad activities.
Moreover, investor sentiment turned optimistic after founder Changpeng “CZ” Zhao reinstated the “Binance” title on his X profile, signaling renewed stability. Binance’s quarterly token burn of about 2 million BNB, worth roughly $1 billion, continues to reduce supply. This deflationary mechanism directly connects BNB’s scarcity to the platform’s growth and rising trading volume.
Institutional Partnerships Strengthen Binance’s Position
Besides internal improvements, Binance’s collaborations with major financial institutions have boosted market confidence. Its partnership with Franklin Templeton, which manages $15 trillion in assets, focuses on co-developing tokenized securities. Additionally, Binance and Chainlink have teamed up to bring U.S. economic data on-chain, further bridging traditional and decentralized finance.
The exchange also launched a “Crypto-as-a-Service (CaaS)” initiative, enabling banks and brokerages to offer crypto services under their brands. Furthermore, YZi Labs — Binance co-founder CZ’s venture arm — announced a $1 billion fund to back long-term BNB ecosystem builders. The fund will support projects in trading, AI, decentralized science (DeSci), and DeFi, reinforcing Binance’s commitment to Web3 innovation.