14.10.2025
BNB hits record high despite $19 billion market crash
Despite one of the toughest weekends for the crypto market in 2025, the BNB token showed resilience and reached a new all-time high of $1,370. This came after total liquidations across exchanges hit $19 billion, triggering a sharp drop in most major assets. According to CoinMarketCap, BNB recovered faster than its peers, strengthening its position as the fourth-largest cryptocurrency by market capitalization.The sharp rise in BNB came amid tension at Binance – the world’s largest crypto exchange. Some traders accused the platform of technical failures during the market crash, which prevented them from closing positions in time. One well-known trader, SleeperShadow, claimed he “lost access to his futures positions at the worst possible moment.” The incident sparked criticism on social media and temporarily increased pressure on Binance’s reputation.Binance co-founder Yi He denied the accusations, explaining that the main reason for the liquidations was overall market conditions rather than internal technical issues. She noted that the proportion of forced liquidations handled by Binance remained at a “normally low level,” while key trading systems – including spot contracts and APIs – continued operating stably. According to her, only auxiliary modules experienced brief delays, which did not affect the platform’s overall functionality.To mitigate the impact on users, Binance announced it would allocate $283 million in compensation to traders affected by the outages. The move aims to restore trust in the exchange, which has repeatedly faced criticism over infrastructure strain during volatile market periods. Experts note that Binance’s response helped prevent further panic among users and stabilized the situation.Despite the controversy, BNB’s surge reflects the growing importance of the token within the Binance ecosystem. Its success is partly attributed to the expansion of the BNB Chain network, which continues to attract more DeFi and Web3 projects. Analysts suggest that BNB’s resilience may signal structural shifts in the market, where investors increasingly view exchange tokens as relatively stable assets compared to altcoins.