The price of BNB (Binance Coin) traded at $1,306.11 on October 8, 2025, having recently corrected from a recent surge. The price fall follows the growth of memecoins on the BNB Chain, triggering a surge in trading volume.
BNB Price Trends
The value of BNB saw a minor fall as investors intensified profit-taking. The token had already broken the high point at $1,336. Currently, key support levels are at $1,215 and $1,230, while resistance levels are at $1,334 and $1,400.
Although it recently dropped, BNB has been very resilient. It gained 27% last week, and that was a clear sign of the very bullish sentiments of traders. The Relative Strength Index (RSI) of 74.51 also indicated that the token was overbought prior to the recent correction.
Increase in Trading Volume on BSC DEX
At the same time, volume at the Binance Smart Chain (BSC) decentralized exchanges (DEX) picked up. On Oct. 8, it was $6.05 billion, a June 2025 high. One top DEX, PancakeSwap, did its part with $4.28 billion in trading volume, demonstrating the preeminence of the platform in the current memecoin mania.
This increase in trading volume is due mostly to the increased demand for memecoins. On-chain statistics show that around 100,000 traders have exchanged new memecoins on the BNB Chain, with around 70% of them recording gains. Collective on-chain gains were $401 million, demonstrating the profitable returns in this speculative market.
YZi Labs’ $1 Billion Fund
To cater to the growing activity in the BNB ecosystem, YZi Labs has introduced a $1 billion Builder Fund which will be invested in early-stage projects related to Web3, artificial intelligence, and biotechnology. The move is a testament to an endeavor towards innovation within the BNB ecosystem, complementing the spate of investment in decentralized technology.
With this massive investment, YZi Labs will boost the infrastructure behind BNB projects, thereby luring more developers and investors into the ecosystem.
As BNB value fluctuates against these updates, the current meme coin season and rising trading volumes in BSC DEX platforms indicate a diverse and dynamic universe of cryptocurrencies.
