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BNB Soars to New Heights, Challenging Ethereum's Dominance

10/3/2025

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Summary

Story summary

Binance Coin (BNB) hit an all-time high of $1,112 on the BNB Chain, signaling growth.
It rose 5% in 24 hours and 15% weekly, driven by institutional demand and Binance's token burns.
TVL on the BNB Chain rose 2.5% to $8.23B, with over 73 million active addresses.
Analysts say BNB could challenge Ethereum's dominance long term, signaling an approaching altseason.

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Story summary

Binance Coin (BNB) hit an all-time high of $1,112 on the BNB Chain, signaling growth.
It rose 5% in 24 hours and 15% weekly, driven by institutional demand and Binance's token burns.
TVL on the BNB Chain rose 2.5% to $8.23B, with over 73 million active addresses.
Analysts say BNB could challenge Ethereum's dominance long term, signaling an approaching altseason.