Binance Coin reached a new all-time high above $940 this week. The token’s market cap now stands at $130.64 billion according to TradingView data.
This valuation has pushed BNB past Union Bank of Switzerland (UBS), which holds a market cap of $129.08 billion based on Companies Market Cap data. The milestone represents a major achievement for the cryptocurrency.
Binance founder Changpeng Zhao responded to this development by calling on banks to adopt BNB. He offered to help any bank integrate the token for trading, payments, and blockchain applications.
JUST IN: $BNB overtakes Union Bank of Switzerland, the worlds largest private bank, in market capitalization. pic.twitter.com/2Ho5NSBx9F
— Whale Insider (@WhaleInsider) September 12, 2025
The price surge lifted BNB to $941.87 with a 1.85% intraday gain. Weekly performance shows a 10.7% increase while monthly gains reach 11%.
Trading volume jumped 11.11% to $2.68 billion within 24 hours. The increased activity reflects growing investor interest in the token.
Market analyst Ali identified BNB breaking out of a correction phase. His technical analysis suggests a price target of $1,300 based on the current breakout structure.
$BNB in the middle of a bullish breakout! Target sits at $1,300. pic.twitter.com/C7WSAxHt8U
— Ali (@ali_charts) September 13, 2025
The Relative Strength Index currently sits at 71.25. This reading indicates the token is not yet overbought and has room for additional upward movement.
BNB’s annual performance shows a 72.85% increase over the past year. Year-to-date gains currently stand at 34.03%.
Six-month performance data reveals a 56.31% price increase. These metrics demonstrate sustained bullish momentum across multiple timeframes.
BNB briefly reclaimed the fifth position in cryptocurrency rankings by market capitalization. The token edged out Solana when its price reached $903, pushing market cap to $125 billion.
Solana has since regained its position with a market cap of $131.47 billion. The difference between the two tokens remains narrow at approximately $630 million.
This competition highlights BNB’s growing market presence. Both tokens continue attracting institutional and retail investor attention.
The next psychological price level for BNB sits at $1,000. Market participants are watching for a consistent trade above current levels to reach this target.
Institutional interest continues growing with Nano Labs acquiring $90 million worth of BNB for treasury purposes. This purchase demonstrates corporate confidence in the token’s long-term value.
A viral social media post claimed an investor with $300 in BNB from 2017 is now worth over $25 million. Zhao questioned the claim by asking for the wallet address, but received no response.
BNB currently trades at $941.52, representing a 3.52% increase over 24 hours with volume maintaining elevated levels at $2.68 billion.
The post Binance Coin (BNB) Price: CZ Urges Banks to Use BNB as Token Tops UBS Market Cap appeared first on CoinCentral.
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