In July #BNB创新高 2025, the price of BNB strongly broke through the historical high, reaching the XX dollar mark during trading, with an increase of over 300% compared to the beginning of the year, and its market capitalization firmly ranking among the top three in crypto assets. This surge is due to the continuous expansion of the Binance ecosystem—DeFi locked volume on the BSC chain surpassing 100 billion, and a surge in users in the gaming and NFT markets; combined with the acceleration of platform compliance and the establishment of licenses in multiple countries boosting confidence. With market sentiment high, BNB, as a "cryptocurrency infrastructure token", has seen its value reassessed, and a wave of institutional accumulation is emerging, suggesting that a new bull market engine may have already started.