Binance Coin (BNB) Hits $800 in New All-Time High

Binance Coin (BNB) costs topped $800, marking a brand new all-time excessive for the exchange-based asset in early buying and selling on Wednesday in Asia. BNB has been on a tear currently, gaining greater than 16% over the previous week and nearly 30% previously month.

The newest transfer has pushed its market capitalization to $111.5 billion, which is about the identical dimension as sports activities attire big Nike.

BNB hits a brand new ATH of 800$ pic.twitter.com/ejxZR9j8Rr

— Binance (@binance) July 23, 2025

BNB Hits Milestone Excessive

“Appreciations to all of the ecosystem gamers, BTC maxis, ETH holders, meme merchants, ETF candidates, treasury firms, good regulators, and utility builders,” said former Binance CEO Changpeng Zhao in celebration of the milestone.

The massive transfer has added 300% to BNB price since its October 2023 bear market low of $200. The pump has adopted news this week that Nasdaq-listed Nano Labs has turn into the primary publicly listed firm to create a BNB treasury with 120,000 BNB price round $90 million on the time in reserves.

The Web3 infrastructure supplier bought an extra 45,685 BNB by over-the-counter (OTC) transactions at a median buy worth of $764 per token on Tuesday.

In June, the Chinese language blockchain firm introduced a $500 million convertible notes deal to fund its BNB purchases with goals to accumulate as much as 10% of the circulating provide.

There’s at the moment 139 million BNB in circulation out of a complete provide of 200 million.

Replace from Nano Labs (Nasdaq: $NA)

We’ve considerably elevated our $BNB holdings to 120,000 BNB (~$90M), acquired at an avg. value of $707/token — a significant milestone in upgrading our BNB strategic reserve.

We’re constructing for the way forward for Web3.

… pic.twitter.com/sDGbFInOat

— Nano Labs (@NanoLabsLtd) July 22, 2025

The transfer is a part of a rising development of crypto treasury firms which have began off with Bitcoin and Ethereum and at the moment are branching into different altcoins.

Altcoins Are Transferring

BNB is one among numerous altcoins which have seen explosive features over the previous couple of weeks as analysts eye altseason. Ethereum and XRP are the opposite two high-cap tokens which have skyrocketed.

Ether is up 67% over the previous month, hitting a seven-month excessive of $3,800 this week, whereas the Ripple cross-border funds token surged to an all-time excessive of $3.65 on July 18.

Solana has carried out nicely with a 24% acquire on the week because it topped $200, nevertheless it stays down 31% from its January peak.

Dogecoin has pumped 35% in every week, however additionally it is down 64% from its 2021 all-time excessive. In the meantime, Cardano has cranked 50% in a fortnight however is greater than 70% down from its peak 4 years in the past.