BNB reached a new high, briefly surpassing 850. Let's analyze the driving factors behind this:
✅ First, Binance Wealth Management launched RWUSD (a principal-protected financial product), which offers tokenized U.S. Treasury yields from real-world assets (RWA), with an annualized yield of up to 4.2%.
This enhanced the attractiveness of the BNB ecosystem, but the market likely leaked the news in advance, as BNB had already surged significantly before the announcement.
✅ Secondly, several publicly listed companies (such as Windtree Therapeutics and Nano Labs Ltd) have adopted BNB as a treasury reserve asset, purchasing large amounts of BNB through financing plans.
This directly boosted market confidence and temporarily raised BNB prices. For example, Nano Labs holds 120,000 BNB, valued at approximately 90 million USD.
✅ Then, improvements in on-chain technical indicators also contributed. The Maxwell upgrade of BNB Chain (launched on June 30) enhanced network performance, including reducing block time to 0.75 seconds and speeding up transaction confirmations to 1.875 seconds.
Additionally, metrics such as Total Value Locked (TVL), stablecoin market capitalization, and PancakeSwap trading volume have climbed to historical highs in 2025, driving price increases.
✅ Finally, the token burning mechanism is a long-term logic. BNB's deflationary model reduces supply through quarterly burns (for instance, 1.59 million BNB were burned on July 10, valued at 1.024 billion USD), supporting price increases in the long run.