Binance's BNB Reaches New ATH Over $700, Approaches $100 Billion Market Cap

Jun 5, 2024, 04:56 AM

Binance's native token, BNB, has reached a new all-time high (ATH) of over $700. This milestone comes as BNB approaches a market cap of $100 billion. The achievement is notable considering the challenging year for Binance's CEO, Changpeng Zhao (CZ). The rise in BNB's value surpasses the performance of other major cryptocurrencies like Ethereum (ETH) and Solana (SOL). Bitcoin (BTC) has also seen significant gains, reaching $71,000. BNB's ATH was recorded at $688.67 and $692 on June 4-5, 2024.