|

BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenization

BNB reached a new all-time high of $907.38 on Sept. 10, marking the token’s second main milestone in lower than three weeks.

The document comes as crypto markets surged previous $4 trillion in whole market capitalization, after a broader rally that added $100 billion in 24 hours.

BNB posted 29% good points in 2025 alone and 191% development since 2024, establishing itself because the standout performer amongst main altcoins from the 2017 cycle.

BNB stays the one token from that period registering a number of all-time highs all through 2025.

Additionally, it closely outshone the -28.8% common efficiency registered by 22 crypto sectors, Bitcoin, and Ethereum this yr.

PPI knowledge drives market optimism

Markets rallied following Producer Price Index (PPI) knowledge showing 2.6% inflation, considerably under the anticipated 3.3% studying.

The dovish print elevated the chances of a 50 foundation level Federal Reserve charge minimize in September, enhancing situations throughout threat property, together with cryptocurrencies. Odds on Polymarket rose from 14.3% to 19.7% proper after the information.

The inflation knowledge supplied some of the readability that markets had been awaiting, with Bitcoin and main altcoins posting vital good points alongside BNB’s document efficiency.

Tokenization partnership

BNB’s milestone coincides with Binance saying a strategic partnership with Franklin Templeton on Sept. 10 to develop new digital asset initiatives and products.

According to the announcement, the collaboration pairs Franklin Templeton’s compliant tokenization experience with Binance’s world buying and selling infrastructure to ship larger effectivity and accessibility to capital markets.

Roger Bayston, EVP and head of digital property at Franklin Templeton, said the partnership goals to “ship breakthrough merchandise that meet the necessities of world capital markets.”

The collaboration focuses on taking tokenization from idea to apply, reaching efficiencies in settlement, collateral administration, and portfolio building at scale.

Catherine Chen, head of VIP & institutional at Binance, famous the partnership furthers Binance’s dedication to bridge crypto with conventional capital markets.

BNB’s new all-time high milestone highlights a day the place crypto markets demonstrated renewed energy following favorable macroeconomic knowledge.

The submit BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenization appeared first on CryptoSlate.

Similar Posts