On October 3, 2025, BNB—the native token of the Binance/BNB Chain ecosystem—broke decisively above $1,100, prompting renewed interest in the wider BNB Chain ecosystem. CoinDesk

This kind of breakout matters for multiple reasons:

1. Market psychology & signaling
   When a base token (like BNB) rallies strongly, it often leads to “land grab” behavior in its ecosystem—investors hunt for related protocols that might capture the upside. This creates a gravity effect: capital rotates into tokens tied to that chain.

2. Differentiation from broad-market coins
   The rise in BNB stands in contrast to more saturated names like Bitcoin or Dogecoin, which may already have heavier expectations baked in. Thus, relative valuation play becomes attractive: perhaps BNB-based tokens still have more upside than well-known names.

3. On-chain & fundamentals as confirmation
   A price breakout is more credible when matched by underlying activity (transactions, fees, TVL). Without that, the move risks being speculative or momentum-driven.

   The CoinDesk article highlights that although BNB’s price is up, activity metrics in its ecosystem haven’t exploded to match. For example, total value locked (TVL) on BNB Chain rose only ~2% in the same 24-hour window. CoinDesk That suggests traders are, for now, focused more on trading BNB itself than deeply capitalizing on BNB Chain protocols.