In a quietly powerful upward trend, Binance Coin (BNB) has just set a new historical milestone by reaching an all-time high (ATH) of $882.59. Notably, this event occurred despite the overall cryptocurrency market facing significant correction pressure.

BNB Breaks Strongly, Surpassing Last Week's Correction

After several price increases during the month, BNB experienced a correction phase but quickly recovered and peaked today. With a 2.5% increase in the past 24 hours, the token has broken its previous high to reach $882.59, before a slight adjustment, currently trading around $851.57. The market capitalization at its peak reached $120 billion, currently holding at $118.6 billion - a significantly impressive figure.

The growth momentum comes from strong resilience against Bitcoin's decline, increasing acceptance levels, and solid confidence from investors. The 24-hour trading volume reached $3.59 billion, further reinforcing the growth trajectory.

Factors Driving the Increase

  • BNC has become the largest holder of BNB with a purchase worth $283 million.

  • Windtree Therapeutics also allocated $60 million into BNB earlier this year.

  • Monthly active users reached 16.8 million (according to Token Terminal), the highest level in 2025.

  • Daily trading and TVL (Total Value Locked) surged, while the amount of BNB on exchanges decreased, indicating an accumulation trend.

  • The liquidation of a short position worth $1.76 million recently supported buying pressure.

  • The 'double bottom' pattern around $820 (August 18-20) is considered by technical experts as an important bullish reversal signal.

Surpassing Rolls-Royce - A Symbolic Milestone

When the market capitalization peaked at $120 billion, BNB surpassed Rolls-Royce ($118.84 billion), becoming one of the most valuable assets in the world. Binance immediately shared the good news on platform X, affirming its growing position in the global rankings.

The cryptocurrency community reacted enthusiastically: some called BNB the 'hidden star', while others humorously asked 'when can we buy a Rolls-Royce with BNB?'.

Notably, just before BNB peaked, CZ - the founder of Binance - left a brief note 'There were signs' on a post congratulating the $869 milestone yesterday, adding to investor excitement.

Upcoming Prospects - Cautious but Optimistic

Despite some optimistic forecasts, such as Altcoinpedia suggesting BNB could aim for $920 in August, caution still prevails in the market as investors await the interest rate decision from the Federal Reserve in September.

Currently, the $882.59 mark is not only a technical milestone but also an inspiration for investors, as BNB shows the potential to lead and break out even amidst market volatility.