Changpeng Zhao, co-founder of Binance, posted on X(Twitter) to mark a sharp rise in BNB’s price and to thank the crypto community for its support. He wrote about the token’s journey from a $0.10 ICO price 8 years ago to roughly $1,000 today and said he spoke “not representing any entity or title, as just a community member and a #BNB holder.”
BNB is trading at $993.83, up 4.23% in the last 24 hours, with a market cap of $138.33 billion and 24-hour trading volume up 27.69%. The coin is also up 17.52% over the past month.
CZ thanks the community
Zhao used the post to praise users and builders. He said, “Watching #BNB go from $0.10 ICO price 8 years ago to today’s $1000 is something words cannot explain.” He added gratitude for followers and supporters, calling the rise a group effort.
“I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the #BNB and crypto ecosystem, for your support,” he wrote. He noted the road had not been smooth. “We had our challenges along the way, but we worked hard, we built, and we held,” he said.
Strong price action and on-chain momentum
BNB and its network have shown pronounced strength in the recent gains. The last day’s and month’s trading figures indicate growing demand. The token is gaining by 4.23% in 24 hours and by 17.52% in one month, suggesting that there is buying interest coming on stream.
Active trading is also suggested by volume moves, with 24-hour trading volume growth of 27.69%. This framework suggests a combination of retail interest and larger capital flows.
Institutional moves drive part of the rally
Part of BNB’s price push comes from corporate and institutional activity. Nasdaq-listed BNB Network Corporation announced a plan to buy 200,000 BNB for $160 million.
That purchase makes the firm the largest corporate holder of BNB, and corporate buys of that scale often lift market sentiment. The announcement fed optimism about deeper institutional support for the token and the network.
Competition and market reshuffle
BNB’s rise comes amid shifting rankings among top tokens. Solana recently outpaced BNB to take the number 4 spot in the market for the first time in its history. That change highlights how the race for market share can move fast.
Community outlook and future hopes
Zhao ended his message on an upbeat note, pointing to long-term targets. “It’s truly a community effort!” he wrote. He urged holders to look ahead, saying, “This is just the beginning.
To the next 10000x together!” That forward-looking tone reflects a belief in continued growth, and it underlines how community narrative still matters in crypto markets.
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