The value of the BNB coin reached a new all-time high of over $1350. According to CoinMarketCap, the daily increase exceeded 7%, and the coin rose in price by more than 31% during the week.

Thanks to this, the asset rose to the third line of the cryptocurrency ranking by market capitalization, surpassing XRP and USDT. BNB’s total valuation exceeds $180 billion.

Also, the Binance Smart Chain blockchain holds the third place in terms of blocked assets (TVL). As of the time of publication, more than $9.1 billion TVL was recorded in the network, according to DeFiLlama.

As a reminder, in early October, all BNB Smart Chain validators and developers moved to a new minimum commission level of 0.05 Gwei. This reduced the average cost of transactions in the network to about $0.005.