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News
BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenization
BNB reached a new all-time high of $907.38 on Sept. 10, marking the token’s second major milestone in less than three weeks.
The record comes as crypto markets surged past $4 trillion in total market capitalization, after a broader rally that added $100 billion in 24 hours.
BNB posted 29% gains in 2025 alone and 191% growth since 2024, establishing itself as the standout performer among major altcoins from the 2017 cycle.
BNB remains the only token from that era registering multiple all-time highs throughout 2025.
Additionally, it heavily outshone the -28.8% average performance registered by 22 crypto sectors, Bitcoin, and Ethereum this year.
PPI data drives market optimism
Markets rallied following Producer Price Index (PPI) data showing 2.6% inflation, significantly below the expected 3.3% reading.
The dovish print increased the odds of a 50 basis point Federal Reserve rate cut in September, improving conditions across risk assets, including cryptocurrencies. Odds on Polymarket rose from 14.3% to 19.7% right after the news.
The inflation data provided some of the clarity that markets had been awaiting, with Bitcoin and major altcoins posting significant gains alongside BNB’s record performance.
Tokenization partnership
BNB’s milestone coincides with Binance announcing a strategic partnership with Franklin Templeton on Sept. 10 to develop new digital asset initiatives and products.
According to the announcement, the collaboration pairs Franklin Templeton’s compliant tokenization expertise with Binance’s global trading infrastructure to deliver greater efficiency and accessibility to capital markets.
Roger Bayston, EVP and head of digital assets at Franklin Templeton, stated the partnership aims to “deliver breakthrough products that meet the requirements of global capital markets.”
The collaboration focuses on taking tokenization from concept to practice, achieving efficiencies in settlement, collateral management, and portfolio construction at scale.
Catherine Chen, head of VIP & institutional at Binance, noted the partnership furthers Binance’s commitment to bridge crypto with traditional capital markets.
BNB’s new all-time high milestone highlights a day where crypto markets demonstrated renewed strength following favorable macroeconomic data.
The post BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenization appeared first on CryptoSlate.
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