$BNB reached a new historical maximum, $883.

On August 21, 2025, the price of Binance Coin ($BNB ) set a new record, reaching $883.84. This is already the third update of the historical maximum since the end of July.

After reaching the peak, the price slightly retreated and is now trying to hold above the level of $860. Over the past week, BNB has risen by 1.7%, and over the month — by 12.6%.

Factors affecting the growth

The price increase of $BNB is likely due to several reasons:

Institutional demand: The asset is becoming increasingly popular among companies. For example, CEA Industries created a BNB reserve of $160 million.

Deflationary mechanism: The built-in mechanism for removing part of the coins from circulation gradually reduces the supply, supporting the price.

Growth of the ecosystem: The total locked value (TVL) in the BNB Chain network is constantly increasing, reaching $7.5 billion at the beginning of April 2025.

The current price pullback is likely related to news about Nasdaq, which plans to delist the shares of Windtree Therapeutics, which also owns bnb.