July 23, 2025, the value of the cryptocurrency BNB $BNB $769.45 exceeded the $800 mark for the first time, setting a new historical maximum. However, over the past 24 hours, the asset price has sharply fallen by 5.5%. As of the time of publication of the news, the coin was trading within $754.

Nevertheless, the growth in the value of BNB #bnb led to an increase in the market capitalization of the coin to more than $111 billion, which allowed it to take fifth place in the world ranking of crypto assets and overtake Solana.

An important role in the dynamics of the rate was played by significant transactions on the part of the company Nano Labs, which increased its reserves to 120,000 BNB, purchasing them at a price of $707. Earlier, this Chinese manufacturer announced the creation of a treasury of $1 billion in BNB.

Another factor supporting the price was the announcement by YZi Labs (formerly Binance Labs) of plans to create a BNB Treasury Company, which will also hold reserves in BNB.

Former Binance CEO Changpeng Zhao celebrated the coin’s new record and thanked market participants — from Bitcoin enthusiasts BTC $118,609.03 and meme coin traders to developers and regulators who have contributed to the development of the crypto ecosystem.