On July 28, 2025, Binance Coin (BNB) reached a new all-time high of $850.70, pushing Changpeng Zhao (CZ) — the founder of Binance — to a net worth of $75.8 billion. CZ himself confirmed this on social media. This big jump puts him at #23 on Forbes’ list of the world’s richest people, showing just how powerful he remains in the crypto world.
BNB: The Hot New Token in Crypto
BNB’s price didn’t just rise because of the overall market trend — it also had strong support from inside the Binance ecosystem.
📈 Over $180 million in short positions were liquidated, which means many people who were betting against BNB lost their money — a strong sign that bulls are in control now.
🐋 At the same time, big investors (called "whales") have been buying more BNB, and the number of transactions on the blockchain is rising fast. BNB is being used more and more in DeFi products like:
BNB Smart Chain
Binance Launchpool
BNB Vault
Yield farming platforms
CZ: Still a Strong Force in Crypto
Although CZ stepped down as Binance CEO in 2023, he is still a key figure in the crypto space.
In his post on July 28, he said:
"As of July 28, 2025, the amount of BNB I hold has reached 75.8 billion USD, thanks to BNB hitting a new price peak of 850.70 USD. A remarkable journey!"
This confirms two things:
He still owns a huge amount of BNB.
He has strong belief in Binance and the future of BNB.
BNB Beats Other Layer-1 Coins
While Bitcoin (BTC) and Ethereum (ETH) remain steady, BNB has outperformed other Layer-1 tokens like Solana (SOL) and Ripple (XRP).
Why? Because Binance keeps improving its platform. Some of these improvements include:
New staking services
Chain upgrades
Better cross-chain features
Also, Binance keeps its community engaged through fun and rewarding programs like:
Fan Tokens
Ask Me Anything (AMA) events
Staking rewards
This has helped bring in millions of users.
No Worries from Regulators
This time, BNB’s massive price jump didn’t bring any bad news from government regulators — which is different from past bull runs. No negative news means the market is more stable and investors feel safer.
Summary: A New Chapter for BNB and CZ
BNB reaching $850+ is more than just a price record — it marks a comeback for Binance and CZ on the global finance stage.
With a strong ecosystem, active users, and fewer legal issues, BNB is leading the charge among Layer-1 blockchains.
And with CZ’s wealth now on par with tech giants, the whole crypto world will be watching what he does next — in investments, product launches, and future innovations.
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