BNB’s surge past $1,100 has redirected focus towards the native assets of the BNB Chain, as investors are shifting their attention to protocols that benefit from transaction fees and network activity.
The increase in network engagement is partly attributed to Binance founder Changpeng Zhao’s recent endorsements of projects on the BNB Chain, drawing fresh interest to this token which ranks fifth by market capitalization.
At the risk of stating the obvious:
Aster’s per-trade fees are lower (cheaper for users).
Lower fees, higher volume. https://t.co/3wbjR2Q5Oh
— CZ 🔶 BNB (@cz_binance) September 29, 2025
In crypto markets, participants often allocate resources within an ecosystem when its foundational asset experiences a price increase. Liquidity tends to stay within that sector. Protocols involved in fee collection and order routing typically see movement first; subsequently followed by memecoins and lesser-known fundamental investments.
PancakeSwap’s CAKE experienced a nearly 30% rise over the last day—a development usually associated with increased liquidity in core pools and narrower spreads among major trading pairs.
Emerging tokens are also gaining traction: ASTER climbed approximately 18%, indicating a pursuit for higher beta exposure as BNB progresses upward.
Meme tokens like FLOKI and Simon’s Cat (CAT), however, have not shown significant reactions yet. This suggests traders may be focusing more on utility-driven narratives rather than sentiment-based meme investments at this time.
BNB successfully reclaimed its position above $1,100 after several attempts and maintained this level during U.S. trading hours—an indication that spot demand is driving this movement rather than leveraged positions.
Additionally, futures linked to BNB accumulated over $97 million in liquidations within the last day according to Coinglass data; second only to those tied with ether-related bets.
The total value locked within assets on the BNB Chain ecosystem saw only a slight increase of about 2% over the past day despite BNB’s impressive rise—a sign suggesting traders haven’t committed extensively towards long-term financial strategies beyond just holding onto tokens themselves yet.
PancakeSwap managed just over $1.3 million from trading fees during these past twenty-four hours—a figure notably below July’s average exceeding $5 million according data insights provided here today!