Binance Co-Founder CZ’s Wealth Skyrockets to $75.8B Amid BNB’s Historic Rally
Binance co-founder Changpeng "CZ" Zhao has seen his net worth surge to an astounding $75.8 billion, propelled by Binance Coin (BNB) reaching an all-time high of $850.70. CZ's 64% stake in the circulating supply of BNB now constitutes the majority of his fortune, highlighting the token's remarkable performance. The weekly gain of 12% for BNB underscores the growing on-chain activity and investor confidence in the Binance ecosystem. This milestone not only solidifies CZ's position among the world's wealthiest individuals but also showcases the increasing influence of cryptocurrency in global finance. As of July 28, 2025, BNB's rally reflects the broader adoption and utility of digital assets, with Binance at the forefront of this transformative wave.
Changpeng Zhao’s Net Worth Soars to $75.8B as Binance Coin (BNB) Hits Record High
Binance co-founder Changpeng "CZ" Zhao has entered the upper echelons of global wealth as his net worth surged to $75.8 billion, fueled by Binance Coin's (BNB) unprecedented rally. The token reached an all-time high of $850.70, with CZ's 64% stake in the circulating supply now representing the bulk of his fortune.
BNB's 12% weekly gain reflects accelerating on-chain activity, including record total value locked (TVL) on BNB Chain and surging PancakeSwap volumes. Institutional demand appears robust—Nano Labs recently announced plans to accumulate 10% of circulating BNB.
The billionaire maintains extreme conviction in his native token, with 98% of his personal portfolio allocated to BNB according to a February disclosure. This concentration has propelled him past Julia Koch to rank 23rd on Forbes' real-time billionaire tracker.
BNB Surpasses Nike in Market Cap
Binance Coin (BNB) has eclipsed Nike in market valuation, reaching $118.21 billion compared to the sportswear giant's $112.64 billion. The milestone underscores accelerating institutional adoption and the expanding utility of the BNB Chain ecosystem.
Developer activity and decentralized application usage have surged, cementing BNB's foothold across crypto and traditional markets. This inflection point highlights the asset's maturation beyond speculative trading into a mainstream financial instrument.
Binance Expands Trading Options with New Pairs and Enhanced Bot Services
Binance continues to push boundaries in crypto accessibility, announcing four new spot trading pairs—BANANAS31/TRY, CVX/USDC, FUN/USDC, and LISTA/USDC—effective July 29, 2025. The MOVE aligns with the exchange's strategy to deepen liquidity and cater to regional demand, particularly in Turkey where TRY pairs gain prominence.
Simultaneously, Binance is activating Spot ALGO Orders for the new listings while expanding its automated trading suite. Grid and DCA bots will now support BCH/USDC and SPK/USDC, offering traders sophisticated tools to navigate volatile markets. 'These additions aren't just about quantity,' a market strategist notes, 'but about creating tailored on-ramps for both retail and institutional participants.'
PancakeSwap Price Surges 13% Amid BNB's All-Time High Rally
PancakeSwap's CAKE token has surged 13.47% overnight to $3.25, buoyed by BNB's record-breaking performance and a near-tripling of trading volume to $410.91 million. The decentralized exchange's market capitalization now stands at $1.23 billion, reflecting growing investor confidence in the BNB Chain ecosystem.
Technical indicators show CAKE recently formed a golden cross pattern, with the 20-day EMA crossing above the 50-day EMA. While the RSI at 80.31 suggests overbought conditions, strong momentum indicates sustained buying interest. The token has decisively broken through resistance at $2.968, with $3.30 emerging as the next key test.
PancakeSwap's expansion to Base chain on July 22 marks strategic multichain growth, though 96% of its $513 billion Q2 volume still flows through BNB Chain. Market watchers are now eyeing whether CAKE can maintain this momentum to challenge the $3.53 Fibonacci extension level.
XRP Open Interest Hits Record $3.9B Amid $500M Accumulation
XRP derivatives activity surged to unprecedented levels this week, with Binance's open interest peaking at $3.9 billion before settling at $3.08 billion. The volatility reflects intense speculative trading as the cryptocurrency struggles to break past key resistance levels.
Despite dominant short positions accounting for 50.77% of futures contracts, investors accumulated over 163 million XRP tokens worth $519 million in three days. This accumulation wave suggests underlying confidence contradicts the bearish derivatives positioning.
The token currently trades at $3.17, trapped between crucial support at $3.00 and resistance at $3.20. Exchange inflows of $1.28 million maintain selling pressure, keeping XRP 15.3% below its $3.66 all-time high.
Binance Coin (BNB) Hits Record High Amid Institutional Demand Surge
Binance Coin shattered its previous all-time high, reaching $827.25 as institutional adoption accelerates. The rally triggered $180 million in liquidations, predominantly affecting short sellers.
BNB Smart Chain demonstrated robust activity with $3.936 billion in daily DEX volume, outpacing ethereum by a significant margin. Windtree Therapeutics' establishment of a $520 million BNB treasury fund underscores growing institutional confidence.
Network growth metrics reveal explosive adoption, with 180,000 new addresses created in a single day - a 62% surge in wallet creation. The token now commands a $114.61 billion market capitalization, cementing its position as the fourth-largest cryptocurrency excluding stablecoins.
