BNB falls 37% in a year as Binance hack triggers $2.8B to $5.9B losses

BNB, the native token of Binance and BNB Chain, faced intensified scrutiny from investors following a high-profile exploit of Binance’s hot wallet on October 29, 2026. The breach set off a sharp decline in BNB’s price, compounding uncertainty around the asset’s outlook as users and analysts assess the immediate and longer-term impact. At 11:16 UTC on October 30, BNB was trading at $700.34, according to CoinGecko. The token’s price has dropped by 36.71% over the past year and posted a 5.32% loss in the previous 24 hours after the hack. Among the ten largest cryptocurrencies, CryptoTicker reported that BNB was the weakest performer in the wake of the security incident.

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