The $BNB (Native coin of Binance) recently reached a new all-time high (ATH) of $853 on July 28, 2025, marking a remarkable progression from its previous record of $793 set in December 2024.
đ Key factors for this rise
1) Institutional adoption: Publicly traded companies, such as 'Nano Labs' and 'Windtree Therapeutics', have invested heavily in $BNB, reinforcing investor confidence.
2) Activity on the BNB Chain: A significant increase in daily transactions and volumes on decentralized exchanges (DEX) has been observed, with volumes surpassing those of Ethereum.
3) Favorable technical analysis: Indicators such as RSI and MACD suggest a sustained bullish trend, with price projections potentially reaching $1000 by the end of the year.
đź Future prospects
If the $BNB maintains its level above $800, a progression towards '$960' is conceivable. However, a drop below this threshold could lead to a correction towards '$723', thereby offering a buying opportunity for investors.
Currently, the $BNB is trading around $741.08, down 2.42% for the day.
