BNB, the native token of the Binance ecosystem, significantly outperformed Bitcoin, Ethereum, and many other assets in 2025. This growth coincided with the arrival of Donald Trump's administration in the US and a reduction in regulatory pressure, which helped ease the long-standing conflict between the exchange and American authorities. Simultaneously, Binance and regulators began joint efforts in February to end an investigation ongoing since 2023, while Binance founder Changpeng Zhao returned to active work after serving a four-month prison term.
Summary of the Event
The main point: in 2025, BNB outpaced most cryptocurrencies in returns due to a combination of regulatory and commercial factors. Trump's administration took office in January, coinciding with reduced pressure on crypto businesses, and by February Binance began cooperating with US regulators to resolve the longstanding investigation. In spring, major deals and partnerships emerged, BNB's price steadily rose through summer and fall, and in late October, Changpeng Zhao was pardoned.
Factors Driving BNB's Momentum
- Reduced regulatory pressure following the US administration change and the start of negotiations with regulators in February, which removed some uncertainty around Binance.
- Changpeng Zhao's activity: promoting BNB Chain, supporting meme tokens, and a series of international meetings that increased attention to the ecosystem.
- Technical and commercial developments: the resolution of the SEC lawsuit by late spring and more than a threefold increase in stablecoin transfer volumes within the network.
Key Deals and Partnerships
In spring, Binance collaborated with World Liberty Financial, a project launched by Trump's team, and issued the USD1 stablecoin exclusively on BNB Chain as part of a zero-fee promotional campaign. The USD1 code was developed by Binance's team, and over 60% of the issuance (about $1.7 billion) is held in exchange wallets, influencing liquidity flow within the network. During the same spring wave, USD1 was used in a $2 billion deal when the UAE-based MGX fund acquired a stake in Binance.
Additionally, autumn news about partnerships with Franklin Templeton and negotiations with the US Department of Justice for early termination of oversight increased attention to the exchange and its token. These deals and agreements collectively created a commercial backdrop for BNB's growth and boosted activity within the ecosystem.
Changpeng Zhao's Actions and Statements
Changpeng Zhao served a four-month prison sentence and afterward actively promoted BNB Chain and related projects. In early February, when regulators and Binance filed documents to end the investigation, he wrote: "BNB Chain has been locked up too long. It's time to break free!"—a notable message to the community. Moreover, Zhao participated in meetings with global officials and joined blockchain advisory councils in several countries, coinciding with rising public interest in the ecosystem.
Price and Statistical Indicators
- BNB started the year around $700 and traded between approximately $530–$700 for the first half of the year, followed by steady growth in summer.
- By year's start, BNB had gained nearly 20%; by October, prices surpassed a record $1350 after a series of positive news and deals.
- The total crypto market capitalization fell about 10% to $2.88 trillion; Bitcoin dropped 8% below $87,000, and Ethereum fell 13% to $2,900.
- In spring, stablecoin transfer volumes within BNB Chain more than tripled, and the meme coin sector's test currency reached a $500 million market cap in just a few days.
Why This Matters
For miners in Russia with 1–1000 devices, these events primarily signal a shift in ecosystem demand for BNB as network fuel and liquidity tool. The BNB price rise was accompanied by increased network activity: more transactions and higher internal liquidity mean more active fees and more operations using BNB.
Beyond price movement, it's important to note the impact of regulatory easing and major deals on overall attention to Binance and BNB Chain: this can sustain demand for services and projects within the ecosystem but does not directly change technical mining parameters or electricity consumption.
What to Do?
If you mine in Russia and follow the market, it’s useful to focus on three practical steps to adapt to new circumstances:
- Monitor liquidity and volumes in the networks where you convert mining income: increased stablecoin transfers within BNB Chain affect transaction speed and costs.
- Check support and fees of exchanges and services you use: changes in partnerships and marketing campaigns (e.g., zero fees) may temporarily shift conversion preferences.
- Maintain informational vigilance: news about regulators, major deals, and founders’ public statements influence market attention, impacting liquidity and volatility—consider this when planning withdrawals or reinvestments.
If you want to see examples of major players and infrastructure influencing the market, check out the article on Eric Trump's mining farm and the note on how a large Bitcoin whale uses Binance—these materials help understand changing demand and supply structures within the ecosystem.
