Binance’s BNB leads crypto market rebound with record $1,375 price

The crypto market roared back to life on Monday, October 13, 2025, as Binance Coin, BNB, broke through the $1,300 mark and set a new record high of $1,375. The move marked a stunning 15% jump in just 24 hours and has positioned the BNB as the spark behind a wider altcoin rally.

The rebound comes just days after one of the most chaotic selloffs of the year.

A $19-$20 billion liquidation storm wiped out over 1.6 million leveraged positions worldwide, sending shockwaves through global exchanges. Bitcoin slipped under $105,000, Ethereum tumbled to $3,500, and Solana dropped below $175. Screens glowed red, and panic gripped traders who feared the return of a crypto winter.

Yet in the eye of the storm, BNB held steady. While other major coins shed double digits, the Binance token dipped less than 7%. That resilience has turned heads across the industry and reignited confidence among investors.

As the market stabilised, BNB didn’t just recover; it led. The global crypto market cap, which had plunged to less than $4 trillion, has now rebounded by more than 5% to $4.2 trillion. It’s a classic comeback story.

Trading activity reflects the mood shift. Altcoin volumes have exploded, climbing 57% in a single day to reach nearly $11 billion. Platforms built on the BNB Chain, including PancakeSwap, are buzzing with renewed traffic.

Even meme coins, left for dead during last week’s crash, have staged improbable recoveries, some doubling within hours.

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BNB’s recovery: what does Binance’s strategy have to do with it?

Behind the rally lies a clear playbook from Binance, still the dominant force in global crypto trading with nearly half of all exchange volume. In the aftermath of the crash, founder Changpeng Zhao, better known as CZ, took to X to calm the storm.

“BNB didn’t drop much because it’s built differently,” he wrote in one post. The message, part reassurance and part flex, helped steady retail traders and restore confidence just as sentiment wavered.

The exchange followed up with action. Binance announced a $283 million user compensation fund to support those hit hardest by the liquidations. The move flipped the narrative; from being the target of criticism, Binance became the stabiliser. As trust began to rebuild, liquidity poured back in.

On-chain data shows the effect clearly. Daily active users on the BNB Chain jumped 30% in the past three days, while total value locked (TVL) recovered above $5 billion. Binance then sweetened the momentum with a $45 million “Reload Airdrop” campaign.

The airdrop, launched in partnership with Four Meme, PancakeSwap, Binance Wallet, and Trust Wallet, targets over 160,000 traders affected by the crash. All rewards will be paid in BNB and distributed by early November. It’s a smart psychological move, rewarding loyal users and tempting cautious ones back into the ecosystem.

As a result, BNB’s DeFi scene is booming again. Meme tokens like $4M have soared more than 100%, turning the BNB Chain into a playground for traders and developers alike.

Institutional interest is also building. According to Bloomberg, China’s Renaissance Bank is finalising a $600 million BNB-focused investment fund, contributing $200 million of its own alongside YZi Labs. For a market long wary of crypto, the development signals a softening stance amid broader economic pressures. Coupled with growing speculation around U.S. rate cuts and ongoing spot ETF approvals, macro sentiment appears to be aligning in crypto’s favour.

BNB’s strong tokenomics are amplifying the move. With a circulating supply of just 139 million, thanks to Binance’s ongoing token burns tied to exchange activity, scarcity is tightening. Rising volumes are accelerating those burns, making each rally more potent. 

Interestingly, Bitcoin dominance has slipped to 52%, indicating a rotation into altcoins. Ethereum has bounced back 17% to $4,100, Solana is reclaiming $192, and Cardano and Avalanche are also in recovery mode. The purge of weak hands has reset the market, leaving stronger projects poised for growth.

Still, risk remains part of the game. Volatility is far from over. Analysts identify $1,400 as BNB’s next major resistance, with $1,500 in sight if bullish momentum holds through the rest of the month. But a drop below $1,200 could retest the $1,000 level. For traders, it’s a high-wire act, rewarding, but not for the faint-hearted.

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Just like the 2017 ICO boom and the NFT mania, one truth stands out: every downturn breeds a new era of innovation. BNB’s latest surge could mark the dawn of the next altcoin cycle.

The market is maturing, institutions are moving in, and retail investors are wiser. Yet the thrill remains unchanged. Crypto’s old mantra holds: the rebound always outshines the fall. And this time, Binance’s golden child, BNB, is leading the charge.