Why Has BNB Been Surging Recently?

Image by ddRender at Shutterstock

BNB is continuing its price-discovery mode, setting a new all-time high several times a week, having smashed through $1,000 last month, and currently trading at $1,150. It surpassed Solana to become the fourth-largest cryptocurrency by circulating market cap.

Despite BNB’s impressive run in recent weeks, it remains well below its all-time high versus BTC, which it reached ₿0.01917 during the November 2021 bull run. Nonetheless, it is rapidly making up ground, racing back towards that figure.

Check out TradingView’s BNB/BTC and BNB/ETH charts (via Binance) for direct links to these trading pairs.

BNB/USD (cyan line) and BNB/BTC (golden) historical price, CoinGecko snapshot, October 5, 2025, at 02:05 UTC.

Today, we’ll look at some of the reasons why BNB has been surging, from partnerships to network improvements and bullish sentiment returning to many altcoins.

News and a huge partnership

Last month, Binance announced a massive collaboration with Franklin Templeton, which is looking to tokenise securities using Binance’s well-established infrastructure and client base.

“By working with Binance, we can harness…