BNB hits all-time high at 716! Returns to peak after three years, ETH and SOL have yet to break through
The Binance platform token, BNB, hit a record high of 716 at 9 a.m. on June 5th. The last time it reached a historical high was in 2021, during the previous bull market. Following the new all-time high set by BTC in this round, ETH has yet to break its record; meanwhile, the third largest non-stablecoin cryptocurrency, BNB, has broken through to a new high today.
Table of Contents
Binance platform token, BNB, hit a new all-time high of 716 at 9 a.m. on June 5th. The last historical high was in 2021, during the previous bull market. Following BTC's new all-time high in this cycle, ETH has yet to break records; however, the third-largest non-stablecoin cryptocurrency, BNB, has broken its all-time high today.
In May 2021, BNB's price approached 700, gradually declining towards the end of 2021, maintaining levels between 200 and 300 in the latter half of 2022, and starting a significant rise from 2024 onwards.
Binance Web3 Wallet is here! A new entry point for millions of users in the Web3 field, making cross-chain transactions super easy.
Currently, BSC BNB Chain is the third-largest chain in terms of TVL, but there has been no significant capital growth since 2021:
Binance launches token issuance platform "Megadrop" with the inaugural project BounceBit BB.
Ranked just behind BNB, SOL hit its all-time high at 260 in 2021, with community expectations for it to follow BNB's lead and break new highs. Their market caps are $103.5 billion and $79.4 billion respectively, with market shares of 3.9% and 3% each.
