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    Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundaryโ€ฆconnect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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      Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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    • 3 minutes read

    Binance Founder Changpeng Zhao Reveals Why BNB Price Hit $1,000

    Story Highlights
    • Speculation about Changpeng Zhaoโ€™s possible return is fueling optimism around Binanceโ€™s brand and vision.

    • BNB broke $1,000 in a sharp rally with massive trading volumes; resistance seen at $1,005, support just below $1,000.

    BNB price today is hovering just under the $1,000 milestone, trading around $985 after briefly touching a new all-time high of $1,004. The token climbed 4.5% in the past 24 hours, rising from $956 before stabilizing near $998. With its market cap now close to $140 billion, BNB has overtaken Solana to reclaim its spot as the fifth-largest cryptocurrency.

    Binance founder Changpeng Zhao (CZ) weighed in on the rally, explaining the mix of political, technical, and regulatory factors fueling BNBโ€™s surge.

    Pro-Crypto Policies Boost Investor Confidence

    According to CZ, political shifts have created a supportive backdrop for digital assets. He credited the new U.S. administration for taking a friendlier stance toward crypto โ€” one that other countries are now beginning to follow.

    โ€œThe global environment is finally aligning with crypto. This kind of support is a key driver behind BNBโ€™s rise,โ€ said Zhao.

    This policy shift has energized the market, creating optimism around BNBโ€™s potential to break past $1,000 and beyond.

    BNB Chain Upgrades Slash Costs and Speed Up Transactions

    BNBโ€™s rally isnโ€™t just about politics โ€” technical upgrades to BNB Chain have been transformative. Block times were reduced from 3 seconds to just 0.75 seconds, while gas fees fell by 90%.

    These improvements made BNB Chain one of the fastest and cheapest blockchains, leading to a surge in activity. Transaction volumes soared, cementing BNB Chainโ€™s position as the highest-volume network.

    โ€œBNB Chain is now among the fastest blockchains in operation, and this efficiency is drawing projects at scale,โ€ CZ emphasized.

    Ecosystem Growth and Venture Capital Inflows

    The BNB ecosystem continues to expand rapidly. Stablecoins like WLFโ€™s USD1 filled the gap left by BUSD, while AI, DeFi, and real-world asset (RWA) projects are thriving on the network.

    Trading platforms like PancakeSwap have seen rising volumes, while lending protocols such as Lista and Venus are competing for dominance. Venture capital firms, including YZiLabs, are pouring funds into BNB-based projects.

    โ€œThe growth of the ecosystem shows investorsโ€™ confidence in BNBโ€™s long-term future,โ€ Zhao noted.

    Binanceโ€™s Token Burn Fuels Scarcity

    BNBโ€™s quarterly token burn program is another bullish catalyst. In the last quarter alone, Binance removed $1.6 billion worth of BNB from circulation, tightening supply and boosting price momentum.

    Many investors view these burns as a strong long-term value driver, ensuring BNB remains deflationary.

    Regulatory Relief Restores Market Confidence

    Earlier this year, the SEC dropped its lawsuit against Binance, lifting fears that BNB might be classified as a security. Reports also suggest Binance could soon strike a deal with the U.S. Department of Justice to end its court-appointed monitor, a condition tied to its $4.3 billion 2023 settlement.

    Such developments significantly reduce regulatory pressure and restore investor confidence in Binanceโ€™s stability.

    Speculation Over CZโ€™s Return Sparks Buzz

    Adding fuel to the rally is speculation that CZ could return to a leadership role at Binance. Although no official announcement has been made, investors see his potential comeback as a positive sign for Binanceโ€™s vision and brand.

    โ€œMy focus has always been on building. Whether I return or not, the ecosystem speaks for itself,โ€ Zhao remarked.

    BNB Price Today

    BNB price action has been explosive. After repeated resistance tests at $995, the token broke $1,000 in a six-minute rally, with trading volumes eight times higher than normal. Analysts now eye resistance at $1,005, with strong support holding just below $1,000.

    With political tailwinds, rapid ecosystem expansion, regulatory clarity, and ongoing token burns, BNBโ€™s climb past $1,000 could be the start of its next major chapter.

    Never Miss a Beat in the Crypto World!

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    FAQs

    Why is the price of BNB going up?

    BNB’s surge is driven by pro-crypto political shifts, major technical upgrades to its blockchain, rapid ecosystem growth, and its deflationary token burn mechanism.

    Is BNB a good investment?

    Many view BNB as a strong investment due to its real-world utility, expanding ecosystem, deflationary model, and increased regulatory clarity for the Binance exchange.

    What will BNB be worth in 5 years?

    Long-term BNB valuation depends on overall crypto adoption and Binance’s growth. Its deflationary burn and key utility within a massive ecosystem provide a strong foundation for potential future value growth.

    Can BNB reach $1000 USD?

    Yes, BNB has already briefly reached $1,004. Strong momentum, technical upgrades, and growing ecosystem demand suggest it could sustainably break and hold above $1,000.

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