BNB Chain to Sunset Native Wallet Despite User Adoption Blowout, BNB Price Reacts

BNB Chain announced today that it will officially discontinue its wallet browser extension on October 15, 2025. This move comes despite widespread user adoption and a surge in the market price of Binance Coin (BNB).

The BNB coin has climbed above the $1,000 psychological level and appears poised for a more significant price breakout in October.

BNB Chain Wallet Leaving Chrome and Firefox Extension

The Binance Chain Wallet (BEW) is a non-custodial tool for managing assets on BNB Smart Chain (BSC), and BNB Beacon Chain.

Users can access BEW from Chrome Web and Firefox stores. However, these extensions will fully sunset exactly 15 days from today, on October 15.

Once the sunset is implemented, BEW will be removed from Chrome and Firefox stores, with no further updates, bug fixes, or official support.

Through the sunset, BNB Chain aims to shift focus to more secure, user-friendly alternatives like mobile and integrated wallets.

BNB Chain revealed it is transitioning maintenance to partners like Trust Wallet for browser extensions. It emphasizes better security and dApp integration without ongoing development costs for the aging BEW tool.

To ensure a smooth transition, BNB Chain highlighted three precautions users must take. First, users are advised to securely back up their seed phrase/private keys.

They are also advised to uninstall BEW after saving the recovery information. Finally, they have to choose a new wallet for future use. BNB Chain has recommended using Trust Wallet and Binance Wallet for a better user experience.

Importantly, BNB Chain noted that the sunset of BEW does not affect the safety of funds.

Users’ funds remain safe as long as it is secured with a seed phrase or private key. Moreover, the extension is just the interface, so losing access does not affect crypto assets.

Binance Coin Price and Current Outlook

BNB, the native digital asset of the BNB Chain, has shown breakout targets to higher levels, fueled by increased market activity.

BNB recently hit a new all-time high of $1,000 earlier this month. This rally marks a 10,000x surge from its launch price of $0.10 in 2017.

Currently, the BNB price action shows repeated rebounds and a clean breakout from the flag pattern inside the ascending channel.

According to technical analysis, the coin is positioned above key support with momentum leaning upward. Analysts are optimistic that a sustained push could pave the way for the $1100 target line.

After hitting the $1,000 milestone, BNB experienced a price correction as traders took profit.

The coin dropped 13%, its highest level in September, but analysts claimed the crash opens a buying opportunity.

Some analysts even predicted that strong momentum and rising volume could push BNB price toward $1,300.

What is October Looking like for the Binance Ecosystem?

As of this writing, BNB price is valued at $1,013, demonstrating a 0.9% increase over the previous day. The daily trading volume also rallied 16% to $3.3 billion as investors increased their activity.

As of September, BNB has experienced an 18.2% price rally. The ongoing bullishness sets the pace for a more price rally in October.

Generally, the cryptocurrency market typically experiences a significant surge in October, often referred to as “Uptober”.

For BNB, the coin has been registered in the green zone for the past four years.

According to data from Cryptorank, BNB experienced increases of 35.2% and 14.6% in October 2021 and 2022, respectively. Over the next two years, the coin registered price surges of 5.51% and 1.68%.

According to the data, BNB experienced an average surge of 9.57% and a median of 3.88% in October.