BNB Price Soars to New Highs! CZ Reportedly Returns to Binance Leadership

TradingKey – Speculation swirls around Changpeng Zhao’s return to Binance as BNB surges past $960, setting a fresh all-time high.

On Wednesday, September 17, Binance Coin (BNB) extended its rally, breaking through the $960 mark and reaching a new record. Over the past 24 hours, BNB jumped more than 4%, peaking at $964 — now less than 4% away from the symbolic $1,000 threshold.

BNB Price Chart – Source: TradingView

According to sources familiar with the matter, Binance is reportedly negotiating a potential settlement with the U.S. Department of Justice that could ease some of its regulatory burdens. Back in 2023, Binance reached a settlement with U.S. authorities, agreeing to pay $4.3 billion in fines and comply with a series of regulatory conditions.

Interestingly, social media activity has added fuel to the speculation. On X (formerly Twitter), Binance founder Changpeng Zhao (CZ) recently updated his bio from “ex-@binance” back to “@binance,” suggesting he may be resuming an active role at the exchange. This subtle change has sparked rumors of CZ’s return to Binance leadership.