#BNBBreaksATH BNB is the native utility token of Binance’s ecosystem and BNB Chain, launched in July 2017 and later rebranded from “Binance Coin” to “Build ’N Build” during the chain’s transformation  . 306-0It’s used for Binance exchange fee discounts, gas on BNB Chain smart contracts, token burns, staking, and DeFi  . 451-0On July 23, 2025, BNB surged to a new all-time high of ~$804, driven by institutional buying (e.g. Nano Labs) and regulatory tailwinds, before dipping slightly to ~$784 today  . 688-0Market cap exceeds $108 billion with daily volume around $3.8 billion  . 807-0Price charts show a bullish ascending channel, fueling speculation of a rally toward $1,200  .