BNB price in focus as Jenner testnet and revenue growth reshape the outlook
Published on 10/30/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBNB's latest network signals
- BNB Chain scheduled the Jenner hard fork for its testnet on October 28, with mainnet timing still unconfirmed.
- Third-quarter network revenue rose 54% to USD 54.2 million, while daily active addresses fell 14% to 2.10 million.
- The 37th quarterly burn removed 1.646 million BNB on October 19, reducing reported supply to about 131.51 million tokens.
BNB price remains tied to a mix of network growth, token supply policy and exchange-related confidence. The Investing.com BNB/USD page read for this report displayed USD 749.80, a market capitalization of USD 98.48 billion and 24-hour volume of USD 1.34 billion. Because the retrieved page did not provide a separately dated tick or a verified UTC day close, the figure is a page reading rather than a confirmed October 30 daily settlement.
Jenner upgrade reaches testnet
BNB Chain scheduled the Jenner hard fork for the BNB Smart Chain testnet on October 28, 2026. In its official upgrade guide, BNB Chain said mainnet timing would be announced separately.
The upgrade introduces a Payment Lane that reserves 5% of block gas capacity by default for qualifying payment transactions. Governance can raise that share to a maximum of 10%. Jenner also adds the CAS20 framework for compliant assets and a precompile that exposes millisecond timestamps to smart contracts. The measures could improve payment reliability and support tokenized assets, but CAS20 activation and eligible-contract approvals require separate governance action.
Revenue improves, activity diverges
Third-quarter operating data provide a mixed picture. TokenPost reported USD 54.2 million in BNB Chain network revenue, up 54% from the second quarter. Transaction fees contributed USD 49.1 million and maximal extractable value payments added USD 5.1 million. Transactions reached 1.51 billion, up 7.5% quarter over quarter.
At the same time, average daily active addresses declined 14% to 2.10 million. Tokenized-stock trading reached USD 25.6 billion, roughly eleven times the second-quarter figure, while tokenized-stock supply reached USD 1.13 billion. The combination suggests that higher-value and more intensive activity supported revenue even as the address base contracted.
Supply reduction and market risk
BNB Chain completed its 37th quarterly burn on October 19, removing 1.646 million BNB. TokenPost reported that about 131.51 million BNB remained in supply after the event. The burn supports the network's long-term supply-reduction mechanism, but it does not by itself establish future price performance.
Market confidence also faces an unresolved risk. Crypto Briefing reported on October 29 that large transfers from Binance-linked wallets had triggered concern, while Binance had not confirmed a hack or loss of funds. The transfers therefore remain unexplained rather than confirmed as malicious. For investors, the key watchpoints are the official explanation, Jenner's testnet performance and whether network revenue can remain strong while user breadth recovers.
More developments are collected on the BNB topic page.
