CZ Explains Why Binance Coin (BNB) Price Spiked to $1,000

Since April 2025, Binance Coin (BNB)  has surged over 200%, reaching a new all-time high near $1000 on September 18. That sudden move sparked a direct question from an X user named Sakura. He asked why BNB price touched $1000, pointing out that nobody had been able to explain the real catalysts.

His post suggested the growth was not about one single event, but a mix of fundamentals and short-termfactors. Changpeng Zhao (CZ), the founder of Binance, replied with a long and thoughtful response. His explanation connected politics, technology, community activity, and even his own role or lack of it in the rally.

BNB Price Chart

BNB Price Growth Backed by Changing Global Stance and Upgrades

CZ started by pointing to politics. According to him, a new pro-crypto administration in the United States created a ripple effect across the globe. When the world’s largest economy softens its stance, other nations tend to follow. This wider acceptance gave the entire crypto industry momentum, and BNB price benefited from the rising tide.

Another factor CZ mentioned was technology. Binance Coin price growth has been closely tied to performance upgrades on BNB Chain. Block times dropped from 3 seconds to just 0.75 seconds. Gas fees fell 10x almost overnight. Transaction capacity expanded to record levels. As a result, BNB Chain became the busiest blockchain by transaction volume.

CZ admitted he had to learn the meme coin culture firsthand. CZ made some mistakes at first. Meme tokens still came back strong and drew new users. Activity then spread to decentralized exchanges, stablecoins, and real-world asset projects.

Stablecoin Liquidity Fills a Crucial Gap

CZ also explained how stablecoins shaped this rally. After the shutdown of BUSD in 2023, there was a vacuum on BNB Chain. That gap was finally filled by USD1, a new native stablecoin. With stronger liquidity and adoption, BNB Chain became a more attractive environment for both builders and investors.

One of the biggest clouds hanging over Binance  was the lawsuit from the SEC. According to CZ, the dismissal of the case in May gave Binance Coin a massive confidence boost. The concern that BNB might be classified as a security faded, allowing new capital to flow into the ecosystem.

Meanwhile, venture firms like YZiLabs supported dozens of projects, from DeFi platforms such as PancakeSwap and Lista to new AI and RWA ventures. The ecosystem grew stronger with every launch.

Another detail CZ shared was the ongoing BNB token burns. Just last quarter, $1.6 billion worth of BNB was destroyed. This reduced supply while demand kept climbing. CZ mentioned people often ask why not use that money for marketing, but he believes the burn mechanism itself is enough to maintain long-term value.

A Mix of Small and Big Factors Affetced BNB Price

In CZ’s words, there was no single reason BNB token hit $1000. It was a mix of politics, technology, liquidity, community, legal clarity, and ecosystem growth. He even pointed to the recent 0.25% interest rate cut as a possible factor, though he admitted he does not fully understand how it plays into the rally.

Read Also: Solana to $1,000? This Trader Updates His SOL Price Prediction

BNB has come a long way since its early exchange token days. Today, it powers one of the busiest blockchains in the world, supports billions in ecosystem activity, and continues to reduce supply through massive burns. CZ insists he is not the mastermind behind all of this, calling himself “at best a mascot.” Instead, he credits the builders, users, and community that keep pushing Binance Coin forward.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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