BNB Hits $1.3K as Binance, Coinbase Clash Over Listings

• Binance and Coinbase face off over listing practices and project transparency.
• Public debate fuels market movement, with BNB tokens hitting new highs.

On October 16, 2025, CoinDesk reported intense discussions between the founders of Binance and Coinbase on cryptocurrency listing methods and transparency, with the spotlight on BNB Chain projects. The conflict gained traction after Coinbase placed Binance’s native token, BNB, on its listing roadmap, prompting public comments from both sides.

The debate heated up when Jesse Pollak, founder of Coinbase’s Layer 2 network Base, advocated for free project listings on exchanges. His statement drew criticism from Binance founder Changpeng Zhao (CZ), who challenged Coinbase’s selective listing strategy, arguing the need for broader inclusion of BNB Chain projects. CZ noted Binance’s history of listing multiple Base projects to highlight its open listing approach, emphasizing that exchanges should prioritize user value over rivalry.

This clash underscores the differing philosophies between Binance and Coinbase on listing policies. Binance frequently faces accusations of limited transparency on its listing fees and practices, while Coinbase adheres to a carefully regulated model prioritizing Ethereum-based projects and compliance standards.

Against the backdrop of this debate, BNB tokens have experienced heightened market activity. BNB’s price soared to an all-time high of $1,370.55 earlier this week before stabilizing. It recorded over a 3% weekly increase, reflecting growing attention amid the controversy.

As of October 16, 2025, at 15:08 UTC, BNB is trading at $1,171.60, marking a 0.153% decline in price over the last 24 hours, according to CoinMarketCap data. During the same period, its 24-hour trading volume experienced a 27.561% drop.