Binance’s BNB Chain Gains $1.25 Billion Institutional Backing from VAPE, Targets $1K Milestone
BNB Chain is making significant strides in the institutional cryptocurrency space with a massive $1.25 billion PIPE raise to support VAPE, a NASDAQ-listed treasury vehicle dedicated to Binance Coin. This development marks a potential turning point for BNB as it challenges Ethereum and Bitcoin's dominance in the institutional arena. Despite trailing Ethereum's 50% July rally, Binance Coin is demonstrating strong on-chain momentum, with the BNB/BTC ratio climbing 13% compared to ETH/BTC's 4%. The $1.25 billion backing could be a game-changer for BNB's valuation as it eyes the $1,000 price milestone. This move represents one of the largest institutional endorsements of a non-Bitcoin/Ethereum cryptocurrency to date and may signal a new era of institutional adoption for altcoins. The VAPE treasury vehicle provides a regulated pathway for traditional investors to gain exposure to BNB while potentially increasing liquidity and stability for the asset. As of July 2025, this development positions BNB Chain as a serious contender in the institutional digital asset space, potentially reshaping the competitive landscape among smart contract platforms.
BNB Chain Secures $1.25 Billion Backing from VAPE, Eyes $1K Milestone
BNB Chain is making waves with a $1.25 billion PIPE raise to support the launch of VAPE, a NASDAQ-listed treasury vehicle dedicated to Binance Coin. This move signals a potential shift for BNB into the institutional arena, a space long dominated by ethereum and Bitcoin.
While Binance Coin trails Ethereum's 50% July rally, it's showing strong on-chain momentum. The BNB/BTC ratio climbed 13%, overshadowed by ETH/BTC's 40% surge, suggesting BNB's strength stems from fundamental growth rather than speculative flows.
Technical upgrades tell a compelling story. Since the Maxwell fork, Binance Chain has slashed block times from 1.5 seconds to 0.75 seconds, driving a 142.8% spike in daily transactions over three months - dwarfing Ethereum's 24.3% growth. With throughput scaling and user activity accelerating, BNB appears poised for a decisive MOVE toward $1,000.
The launch of VAPE marks a watershed moment. CEA Industries has pivoted from vaping products to become a $1.25 billion BNB-native treasury vehicle, providing the institutional wrapper that BNB previously lacked. This development could raise the bar for competing high-cap altcoins.
Canadian Vape Firm CEA Industries Pivots to BNB Treasury, Stock Surges 550%
CEA Industries Inc., a Canadian vape company, has pivoted to digital assets with plans to become the largest publicly traded BNB treasury firm in the US. Its stock soared 550% following the announcement of an oversubscribed PIPE financing round backed by 10X Capital and YZi Labs.
The move positions CEA as one of the first institutional-scale vehicles offering exposure to Binance's native token through public markets. Over 140 global investors participated in the funding, including Pantera Capital and GSR. Post-closing, CEA will deploy capital into BNB, leveraging leadership from crypto veterans including Galaxy Digital co-founder David Namdar.
"BNB Chain is among the most widely used blockchain ecosystems globally, yet institutional access has been limited," said Namdar. The treasury vehicle aims to bridge this gap for traditional investors.
BNB Price Corrects Gains After Strong Rally – Is It Just a Healthy Pullback?
BNB price is undergoing a correction after failing to breach the $860 resistance level. The token has dipped below $820 and now faces immediate support NEAR $800, with a key bullish trend line forming on the hourly chart.
Market observers note the pullback mirrors broader trends in crypto, with Ethereum and Bitcoin also retracing recent gains. The 23.6% Fibonacci level of BNB's recent rally from $744 to $861 has been tested, suggesting potential for either consolidation or further downside.
Traders are watching the $788 support level closely—a sustained hold above this level could pave the way for another upward move. Resistance levels at $810 and $820 remain critical thresholds for bulls to overcome.
Indonesia Implements Sweeping Crypto Tax Hikes Effective August 1
Indonesia has enacted significant increases to cryptocurrency taxation, with transaction taxes rising up to fivefold and mining VAT rates doubling. The new regulations, effective August 1, aim to capture more revenue from the country's booming $39.67 billion crypto market.
Domestic crypto sales will now face a 0.21% tax, up from 0.1%, while overseas exchange transactions jump from 0.2% to 1%. Mining operations see VAT rates double to 2.2%, with special income tax rates eliminated in favor of standard corporate rates.
The moves come as Indonesia's crypto transaction values tripled in 2024 to over 650 trillion rupiah, with more than 20 million users trading on local exchanges—surpassing stock market participation. The country ranks among the world's top crypto adopters according to Chainalysis data.
Buyers gain partial relief through the elimination of value-added tax, previously ranging from 0.11-0.22%. However, miners face higher effective rates as the 0.1% special income tax disappears, subjecting operations to personal or corporate tax rates starting in 2026.
Tokocrypto, a Binance-backed exchange, welcomed the regulatory shift classifying cryptocurrencies as financial assets rather than commodities, though industry participants have called for transitional implementation periods.
Binance.US to Launch XDC Trading on July 30
Binance.US has opened deposits for XDC ahead of its trading debut on July 30, 2025. The XDC/USDT pair will go live at 4 a.m. PDT, marking another step in the exchange's asset expansion strategy following recent listings like ONDO.
Users must deposit XDC exclusively via the XDC Network—misplaced funds on unsupported chains will be irrecoverable. The pre-trading deposit window allows investors to prepare positions before market open.
This listing provides U.S. traders with direct access to XDC against a stablecoin pairing, potentially increasing liquidity for the network. The move mirrors Binance.US's established rollout pattern for new assets.
XRP's Legal Clarity Sparks $10 Price Target as Analysts Eye Alternative Tokens for 2025
XRP dominates market discussions amid regulatory developments and ETF speculation, with analysts projecting short-term targets of $4-$5 and potential highs of $10. Technical indicators suggest Bitcoin's movement toward $140K could further propel XRP's rally. However, failure to hold the $3.15 support level may trigger a dip to $3, presenting a buying opportunity.
Beyond XRP, attention shifts to tokens with real-world utility, particularly those aligning with crypto payment innovations. One emerging project, buoyed by an upcoming wallet launch and institutional interest, is drawing comparisons to established coins even as Ethereum remains volatile.
Binance Coin (BNB) shows strength near $805, with derivatives activity supporting a bullish outlook. Analysts anticipate BNB could surpass $1,000 by year-end, highlighting the broader altcoin market's potential amid shifting regulatory winds.