Binance’s BNB Token Hits Record High Amid Institutional Adoption Wave
BNB, the native token of Binance, has achieved a historic milestone by reaching an all-time high of $851.48 over the weekend, surpassing its previous peak of $801. This surge has triggered widespread liquidations, revealing substantial leveraged positions across cryptocurrency markets. With a market capitalization of $114 billion, BNB now ranks as the fourth-largest non-stablecoin cryptocurrency. The rally coincides with heightened activity on the BNB Chain, signaling growing institutional adoption and investor confidence in the ecosystem.
BNB Sets New Record Amid Institutional Adoption Surge
BNB shattered expectations by reaching an unprecedented $851.48 over the weekend, eclipsing its previous peak of $801. The rally triggered cascading liquidations, exposing significant Leveraged positions across crypto markets.
Binance's native token now commands a $114 billion market capitalization, securing fourth place among non-stablecoin cryptocurrencies. This resurgence coincides with accelerating activity on BNB Chain, where institutional adoption is gaining momentum.
WindTree Therapeutics and Nano Labs recently integrated BNB Chain infrastructure, signaling growing enterprise confidence. Changpeng Zhao publicly credited community support for the token's bullish momentum, highlighting ecosystem collaboration as a key driver.
BNB Surpasses Nike in Market Cap
Binance Coin (BNB) has achieved a market capitalization of $118.21 billion, eclipsing Nike's $112.64 billion valuation. The milestone underscores accelerating institutional interest and broader adoption of the BNB Chain ecosystem.
Developer activity and decentralized application usage are fueling BNB's ascent, cementing its relevance across crypto and traditional finance. This crossover moment highlights digital assets' growing economic footprint.
Changpeng Zhao’s Net Worth Soars to $75.8B as Binance (BNB) Price Hits All-Time High
Binance co-founder Changpeng "CZ" Zhao has joined the ranks of the world's wealthiest individuals as Binance Coin (BNB) surged to a record $850.70. His 64% stake in BNB's circulating supply—valued at $75.8 billion—now eclipses the fortunes of traditional billionaires like Julia Koch, securing his position at 23rd on Forbes' list.
The rally reflects deeper momentum: BNB Chain's total value locked and stablecoin supply have reached unprecedented levels, while PancakeSwap volumes and whale accumulation signal sustained demand. CZ's February disclosure that 98% of his portfolio remains in BNB has magnified his gains, underscoring the token's centrality to Binance's ecosystem.
SharpLink Expands Ethereum Holdings to $1.69B, Appoints BlackRock Veteran as Co-CEO
SharpLink Gaming has aggressively expanded its ethereum treasury, adding 77,210 ETH worth $295 million over the weekend. The purchase brings its total holdings to 438,017 ETH valued at $1.69 billion, solidifying its position as one of the largest corporate holders of the cryptocurrency. More than 95% of the company's ETH is staked or deployed through liquid staking platforms, generating additional yield.
On-chain data reveals SharpLink transferred $145 million in USDC to Galaxy Digital prior to the acquisition. Galaxy subsequently withdrew 38,600 ETH from Binance before delivering the tokens to SharpLink. This follows last week's massive 360,807 ETH purchase worth $1.33 billion, surpassing holdings of Coinbase and Bit Digital.
"Banks close on weekends, while Ethereum runs 24/7," the company noted, highlighting crypto's always-on markets. The move coincides with surging institutional demand for ETH, as spot ETFs recorded $534 million in daily inflows.
Dogwifhat ($WIF) Forms Bullish Cup and Handle, Targets $1.40 Breakout
Dogwifhat ($WIF) has developed a bullish cup and handle pattern, signaling potential upward momentum. The neckline is forming NEAR $1.39–$1.40, with a breakout likely to propel the token toward short-term targets of $1.60–$1.80. Binance's 24-hour spot volume for WIF reached $39.3 million, reflecting steady demand.
Support at $1.05 remains firm, while resistance between $1.20 and $1.40 could be tested if trading volume surges. Technical analyst Ali (@ali_charts) highlights the significance of the $1.39–$1.40 level—a decisive breach may confirm the bullish setup.
Binance Coin Price Analysis: BNB Hits ATH, Bullish Path to $1,200 Unfolds
Binance Coin (BNB) has surged past its previous all-time high, breaking the $800 barrier with conviction. The rally reflects robust confidence in the Binance ecosystem and broader crypto market strength. Technical indicators suggest this is more than a temporary spike—it's a structural breakout.
The $780-$790 range has flipped from resistance to support, creating a launchpad for further upside. Volume patterns show minimal overhead supply, with buyers absorbing sell orders efficiently. Market structure now points toward $1,200 as the next logical target.
This isn't isolated momentum. The MOVE comes amid growing institutional interest in exchange tokens and Binance's continued dominance in spot trading volumes. Liquidity conditions resemble previous bull market breakouts, where shallow retracements preceded extended rallies.
