The token has remained up more than 6% in the past 24 hours, making it one of the market’s top performers during the day. Over the past week, BNB has gained nearly 30%, extending its monthly rally to roughly 50%.
Moreover, the active addresses on BNB Chain have also surged, with over 73 million recorded in September and 15 million already logged this month.
According to the firm, this includes expanding on-chain momentum, broad staking utility, deflationary tokenomics through dual burn mechanisms, and low transaction costs following the Maxwell hard fork.
It added that institutional players have also begun integrating BNB for treasury and liquidity management, signaling a deeper layer of adoption.
BNB’s rally has coincided with a renewed wave of speculative trading on the blockchain network.
According to the firm, over 100,000 on-chain traders participated in new token launches, with about 70% posting profits.
This influx of retail speculation and capital movement to the network has created a perfect storm for BNB’s momentum — reinforcing its role as both a utility token and a bellwether for broader activity on Binance’s blockchain.
