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Aug 14, 08:26 AM
Binance Coin Hits Record $868 as Crypto Rally Widens
Markets
Blockchains
Crypto

Binance Coin Hits Record $868 as Crypto Rally Widens

Authors
  • Binance
  • CoinMarketCap
  • BNB Chain
9

Binance Coin, the native token of the BNB Chain network, jumped to an intraday record of about $868 on 14 Aug. Market-data services including CoinMarketCap and CoinGecko reported the fresh peak, eclipsing the previous all-time high set earlier in the year. Quotes from Binance’s own price feed showed the token hovering near $861 after the spike. The rally pushed the combined value of projects built on BNB Chain to roughly $242.8 billion, highlighting a resurgence of investor demand for large-capitalisation cryptocurrencies. The move follows Bitcoin’s climb to a new record earlier in the week and comes amid broader strength across digital-asset markets. Launched in 2017 as an exchange-utility coin, BNB now underpins payment, gaming and decentralized-finance applications on its namesake blockchain. Its latest price milestone extends a months-long uptrend that has outpaced much of the market, reinforcing the token’s status as one of the largest cryptocurrencies by market value.

Written with ChatGPT .

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