BNB Reaches New Peak Above $1,300 as Meme Coins Explode
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TL;DR BNB reaches new all-time high above $1,300, overtaking XRP to become third-largest cryptocurrency by market cap. CEA Industries increases BNB holdings to 480,000 tokens valued at $585 million with average purchase price of $860. CZ-inspired meme tokens on BNB Chain post triple-digit gains with combined 24-hour volumes exceeding $335 million. CEA Industries targets 1% of total BNB supply by year-end, mirroring Strategy’s Bitcoin accumulation approach. Binance Coin reached a new all-time high above $1,300 on October 7, 2025, propelling BNB Chain meme coins to surge alongside corporate treasury expansions. The rally pushed BNB’s market capitalization past $180 billion, overtaking XRP to secure the third position among cryptocurrencies by market value. $BNB has officially overtaken $XRP to become the third-largest cryptocurrency by market capitalization. This is a huge milestone. HODL! pic.twitter.com/7W4G4GxQWf — Ali (@ali_charts) October 7, 2025 BNB Chain meme tokens experienced explosive gains with several CZ-inspired coins posting triple-digit percentage increases and combined trading volumes exceeding $335 million in 24 hours. The price surge drove a 19% weekly gain for BNB, with the token trading around $1,314 at press time. Market data shows BNB’s total value locked increased from $7.58 billion on September 27 to $8.69 billion by October 7, marking the highest level since May 2022. Active addresses on BNB Chain surpassed 60 million monthly users, representing a 100% increase year-to-date. CEA Industries Expands Corporate BNB Treasury CEA Industries announced holdings of 480,000 BNB tokens valued at approximately $585.5 million as of October 6, 2025. The Nasdaq-listed company acquired the tokens at an average price of $860, bringing total investment to $412.8 million. Combined with $77.5 million in cash and short-term assets, CEA’s total crypto and cash reserves reached $663 million. The company deployed an estimated $78 million in September to add more than 91,000 tokens to its…
Filed under: News - @ October 8, 2025 6:22 am