BNB bounced to new highs after the Friday market crash
The surge in active addresses on BNB Chain coincided with its native token, BNB (BNB), reaching a new all‑time high on Monday. CoinMarketCap data showed that BNB surged to a new all‑time high of $1,370 on Monday, recovering strongly after the marketwide crash on Friday.
Bitcoin plunged to $102,000 on Friday after US President Donald Trump announced 100 % tariffs on China. Trump said the tariffs were a response to China attempting to impose export restrictions on rare earth minerals, which are crucial for computer chips.
This triggered a market sell‑off that led to nearly $20 billion in forced liquidations, outpacing other crashes like the FTX collapse.
BNB was also affected by the crash, plunging to $1,094 on Saturday, a nearly 14 % drop from its $1,272 price on Friday. However, unlike other cryptocurrency tokens, the asset quickly recovered, reaching a new all‑time high after the market crash.
While some community members doubt why BNB was “barely affected” by the crash, Binance co‑founder Changpeng Zhao defended the asset, saying that BNB was strong because BNB Chain’s ecosystem players “took hundreds of millions out of their own pockets to protect users.”
On Monday, Binance announced that it had completed a $283 million compensation payment to users affected by the depegging of certain Binance Earn products relating to USDE, BNSOL and WBETH.
The exchange also said it airdropped $45 million in BNB tokens to memecoin traders affected by the Friday market crash.
Related: Kazakhstan debuts state‑backed crypto fund with BNB
BNB Chain emerged as a top DeFi network in Q3
Before the market crash on Friday, BNB Chain had already shown signs of renewed user interest. According to DappRadar, the network saw a 15 % gain in total value locked (TVL) in the third quarter of 2025.
DappRadar attributed the increase in BNB Chain TVL to the launch of the perpetual decentralized exchange (DEX) Aster, which became popular in September.
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