$BNB reaching an all-time high ATH.
Recently $BNB reached a new all-time high of $855 on July 28, 2025, driven by increased demand, institutional investments, and a reduction in token supply due to regular token burns by BINANCE. This rise has also stimulated activity on BINANCE SMART CHAIN, with a significant increase in transactions, the creation of new wallets, and trading volumes.
Key factors contributing to the ATH of $BNB
Institutional Investment: Influx of 610 million dollars in recent days. Token burns: regular burns by BINANCE reduce the circulating supply, thus creating scarcity. Increased demand: strong trading volumes, up 35% in the spot market and 178% in derivatives. Strong ecosystem: the utility of $BNB in the BINANCE ecosystem for fee reduction, project launches, and staking.
Market analysis
Support level: $800-809 constitutes a solid support level for the upward trend. Potential targets: $880-1000 possible targets if demand remains strong. Indicators: RSI is high but not extreme, and MACD confirms the upward trend.
Impact on BINANCE SMART CHAIN
Increased activity: nearly three times more daily transactions reaching 14 million. New wallets: over 180,000 new active wallets created in 24 hours. DeFi revival: the $CAKE token from PanCakeSwap surged by 13% with volumes exceeding 400 million dollars.