The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge.
Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike.
The token has gained 17% over the last seven days and has doubled in value over the past 12 months.
Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots.
Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain.
Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies.
Block intervals were tightened from 750 milliseconds to 450 milliseconds, and proposals now aim for per-transaction fees near $0.005 with a longer-term target of $0.001.
Today, all BNB Smart Chain (BSC) validators and builders have adopted the new minimum gas price of 0.05 Gwei and BSC is fully ready to accept transactions at this rate.
That’s ~$0.005 per transaction, making BSC one of the most cost-efficient blockchains in crypto.
Validators say staking APY has stayed above 0.5%, and they argued lower fees help keep trading activity strong. Trading-related transactions reportedly grew from about 20% at the start of 2025 to 67% by June.
No purchase amount was disclosed. A state-linked decision to hold BNB adds a public-facing validation that could matter to some institutional and regional players.
Featured image from Nicolas Martinez, chart from TradingView
