CZ’s Victory Lap: BNB Smashes Records with $804 All-Time High
Binance's native token defies gravity—and skeptics—as it rockets past $800.
The Pump No One Saw Coming
While traditional markets yawn, BNB just rewrote its own playbook. The surge to $804 marks a 30% monthly gain—outperforming half the Fortune 500.
CZ's Twitter Finger Strikes Again
Binance's CEO celebrated the milestone with characteristic swagger. No regulatory hurdles, no bear market—just pure, unfiltered green candles.
Crypto's Irony Alert
Meanwhile, Wall Street still can't decide if blockchain is 'the future' or a Ponzi scheme. Spoiler: Their loss.
Why is BNB surging?
The recent gains by BNB are anchored on good fundamentals. The BNB Chain has registered over 5 million daily transactions. A 2025–2026 roadmap promises technical upgrades, including technical improvements and gas limit raises, as well as a new Rust client rollout.
Deflationary tokenomics also play a role. The latest quarterly burn torched 2.1 million BNB valued at $1.6 billion. Regular burns contribute to long-term valuation. Also, institutional adoption is on the rise.
Recently, Nasdaq-listed Nano Labs bought 45,685 BNB through OTC at an average of $764, adding 120,000 tokens in its latest acquisitions. The company hopes to buy up to 10% of BNB’s circulating supply through a program that will issue up to $500 million of convertible notes. Such developments strengthen institutional confidence in the token.
BNB has been experiencing increased demand in use cases, including fee payments, staking, launchpad participation, and DeFi projects. The benefits of the BNB chain, such as low fees and scalability, have encouraged developers to build on the chain too.
The altcoin fluctuated around the $800 price level for weeks before breaking the key resistance. Since early July, BNB has consolidated gains and outpaced Bitcoin, signaling a shift in market sentiment.
Ethereum has also rallied by 67% over the past month, reaching $3,800. XRP climbed above $3.65, and solana briefly traded above $200, up 24% weekly.
Dogecoin has gained 35% within a week. Cardano increased by 50% over two weeks, but the two are still below historical highs.
Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
