BNB, the native token of the BNB Chain, is absolutely soaring. On September 21, the price surged another 8% to smash through its previous records and set a stunning new all-time high of $1,088.

This impressive move was backed by a massive 54% spike in daily trading volume, which reached $4.76 billion. This combination of rising price and exploding volume signals a powerful shift toward bullish sentiment.

But what’s fueling this incredible rally? Binance founder Changpeng “CZ” Zhao recently shared the three key factors behind the momentum.

Is a Mega Rally Just Getting Started?

The weekend breakout above the psychological $1,000 barrier was a major technical victory. Crucially, it was accompanied by a huge surge in trading activity, suggesting this is more than just a temporary pump.

Data from Coinglass confirms the frenzy:

• Futures open interest surged 28% to over $2.58 billion.
• Daily futures trading volume skyrocketed 128% to more than $5.56 billion.

This explosive activity has analysts setting incredibly ambitious targets. Popular analyst Crypto Patel stated that BNBchain token is now “only 100% away from the $2,000 price target and 400% from the $5,000 target.”

CZ’s 3 Key Factors for the BNB Rally

According to CZ, three major developments are powering BNBchain token’s ascent.

1. A Favorable Regulatory Shift
A major policy shift under the Trump administration has created a more positive environment. Furthermore, the dismissal of the SEC lawsuit against Binance, Binance.US, and CZ himself in May removed a massive cloud of uncertainty. This effectively eased fears that BNBchain token would be classified as a security.

2. Major BNBChain Performance Upgrades
The blockchain itself has undergone significant technical improvements. The most notable upgrade slashed block times from 3 seconds to a lightning-fast 0.75 seconds. Additionally, gas fees were reduced tenfold, making transactions drastically cheaper.

These enhancements have driven a sharp rise in network activity, making BNBChain a leader in daily transaction volume. The ecosystem is also booming with the launch of hundreds of new AI projects and several real-world asset (RWA) issuers.

3. A New Native Stablecoin
The chain now caters to the growing stablecoin ecosystem. The recent launch of USD1, the first native stablecoin on BNBChain, has been crucial. It successfully filled the void left by BUSD’s shutdown in 2023 and is rapidly gaining traction, strengthening overall liquidity on the network.

This powerful combination of regulatory clarity, technical innovation, and ecosystem growth suggests that BNBchain token’s record-breaking run may be far from over.