Binance Coin (BNB) is soaring to new heights. After reaching a record high of $1,336 on October 7, 2025, BNB has surged past its previous highs, becoming the third-largest cryptocurrency by market capitalization. This remarkable performance coincides with broader gains in the overall cryptocurrency market known as ‘Uptober’, and is driven by increased institutional interest. Despite reaching a record high, no official recommendations for selling BNB or investing in undervalued cryptocurrencies have been issued. Instead, industry leaders emphasize the strength of the BNB ecosystem and focus on long-term growth. Binance founder Changpeng Zhao reiterated: “The long-term growth of BNB is supported by a robust ecosystem, and our focus remains on building value rather than market timing.” Market experts like Arthur Hayes and Vitalik Buterin have remained silent about potential BNB sell-offs, highlighting continued investor confidence and lack of significant liquidity withdrawals. With this momentum in place, BNB’s market cap has reached an impressive $181.5 billion, putting it ahead of USDT and XRP. The sustained interest from investors, coupled with a positive outlook on the crypto market, points towards further growth for BNB, as seen in historical October rallies where such gains have persisted. Stay informed about this dynamic trend with Blockchain FX’s latest insights.