BNB, the native token of the BNB Chain —a layer-1 blockchain created by crypto exchange Binance — has reached a new all-time high amid plans for upgrades and a broader market rally.

The token reached $1,111.90 for the first time on Friday, after rising more than 7.4% in the last 24 hours and surging 17.5% for the week, data-ct-non-breakable=”null” href=”https://www.coingecko.com/en/coins/bnb” rel=”noopener nofollow” target=”_blank” title=”null”>according to data aggregator CoinGecko.

It also comes as more treasury companies have been stacking BNB. Soon after the coin’s all-time high in July, data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bnb-all-time-high-cz-holdings-75-billion” title=”null”>analysts told Cointelegraph that treasury buying, along with regular token burns,…

BNB, the native token of the BNB Chain —a layer-1 blockchain created by crypto exchange Binance — has reached a new all-time high amid plans for upgrades and a broader market rally.

The token reached $1,111.90 for the first time on Friday, after rising more than 7.4% in the last 24 hours and surging 17.5% for the week, data-ct-non-breakable=”null” href=”https://www.coingecko.com/en/coins/bnb” rel=”noopener nofollow” target=”_blank” title=”null”>according to data aggregator CoinGecko.

It also comes as more treasury companies have been stacking BNB. Soon after the coin’s all-time high in July, data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bnb-all-time-high-cz-holdings-75-billion” title=”null”>analysts told Cointelegraph that treasury buying, along with regular token burns,…