BNB broke through $1,280 to create a new record high, and its market capitalization surpassed Tether (USDT) to become the world's 124th largest asset. (Previous: BNB broke through $1,100 to create a new record high! Its market capitalization surpassed Pfizer and Accenture to rank 142nd in the world) (Background supplement: BNB broke through $1,200 to create a new record high! The global ranking soared to 131st. Will it surpass Tether, XRP, and BlackRock next?) Binance platform coin BNB continued its recent strong performance today (7). At around 17:00 in the afternoon, it officially broke through $1,280, setting a new record high. The increase in the past 24 hours was as high as 4.75%. BNB trend. Image source: Binance. As BNB continues its upward trajectory, its market capitalization has reached $177.6 billion, rising to 124th in global asset rankings, surpassing leading stablecoin Tether (USDT). Why is BNB so relentless? It's worth noting that the recent momentum behind BNB's continued rise, in addition to the ongoing institutional buying driven by the BNB Treasury, has also drawn even more attention: the development of the Binance ecosystem under the influence of Binance founder Zhao Changpeng (CZ). First, Binance's Alpha listing zone has recently demonstrated significant wealth creation. Secondly, Aster, the Perp DEX invested in by CZ's family office, has become a formidable competitor to Hyperliquid. Thirdly, Binance's on-chain ecosystem has recently attracted investors to meme-based tokens like "Binance Life" and "Palu," influenced by CZ. Related reports: Binance's CZ laments the "exciting world of crypto" on the first anniversary of his release from prison: US regulatory shifts push BNB, BTC, and ETH to new highs. BNB surpasses $1,080, reaching a new all-time high! Its market capitalization surpasses Intel, and CZ explains the reasons for the surge. BNB surpasses $1,000, reaching a new all-time high! Diamond holders have earned 1,000x their coin holdings in 8 years. "BNB breaks through $1,280, reaching a new high! Market capitalization surpasses Tether, ranking as the world's 124th-largest asset." This article was originally published on BlockTempo, the most influential blockchain news outlet.