BNB Surges Past $1,076 on Regulatory Relief and ETF Hopes
On September 18, BNB surged past $1,000 to a high of $1,076.30, briefly lifting its market cap above $150 billion. The rally followed eased US regulatory pressure under the new administration and signs of an early end to Binance’s DOJ compliance monitor. CEO CZ’s social rebranding to “@binance” added to bullish sentiment.
Institutional demand for BNB strengthened the move. Binance teamed up with Franklin Templeton on tokenized asset products, and several listed companies—including BNB Network Company (BNC), Nano Labs (NA), Windtree Therapeutics (WINT) and Liminatus Pharma (LIMN)—revealed new BNB holdings. Applications for BNB ETFs by VanEck, REX Shares and Osprey Funds further opened mainstream investment routes.
On-chain upgrades also supported growth. The Maxwell hard fork cut BNB Chain block times to 0.75 seconds and slashed gas fees by about 90%. Binance’s July token burn removed 1.6 million BNB, bringing circulating supply down to 139.3 million.
These factors—regulatory relief, institutional adoption, technological improvements and deflationary tokenomics—underline a bullish outlook for BNB. Traders should watch for volatility, evolving smart-contract competition and further regulatory updates.
Bullish
In the short term, the announcement of eased US regulatory oversight, high-profile institutional partnerships and positive on-chain upgrades has fueled buying pressure, driving BNB’s price above $1,076. Momentum from ETF filings and token burns further amplifies near-term bullish sentiment. Over the long term, sustained regulatory clarity, growing tokenized asset products with Franklin Templeton, and deflationary tokenomics via scheduled burns can support continued price appreciation. Technological improvements from the Maxwell hard fork also enhance network throughput, reinforcing BNB’s competitive position. Potential volatility and Layer-1 competition remain factors, but the overall outlook remains positive.