Binance Coin (BNB), the native token of Binance, experienced a significant surge in value, reaching an all-time high of $1,167.81 on October 3, 2025. This jump is attributed to robust institutional support and recent technical upgrades. Notably, Kazakhstan’s national fund has recently adopted BNB, underscoring the growing influence of this cryptocurrency within the market. Experts are optimistic about the token’s potential for sustained growth driven by increased utility and a reduced supply through ongoing Binance burn initiatives. The surge reflects a broader confidence in the blockchain industry, with investors viewing BNB as a key player. Official statements from Binance CEO Changpeng Zhao highlight this transition, confirming that BNB is far more than just an exchange-based cryptocurrency.