Ethereum News Today: Binance Coin Hits $830.74 as $1 Billion Burn and Institutional Buying Drive 8.6% Weekly Gain

Binance Coin (BNB) reached an all-time high in late July 2025, peaking near $855, driven by a $520 million treasury purchase by Windtree Therapeutics and Binance’s quarterly token burn, which removed $1 billion in BNB from circulation. This surge was supported by strong institutional buying, with corporate wallets actively accumulating the token, signaling sustained interest from major investors. The price rose by 8.6% in a week, reaching $830.74 as of August 2, 2025, with a market capitalization exceeding $104.9 billion and 24-hour trading volumes surpassing $2.9 billion [1].

The deflationary strategy of the Binance ecosystem, which includes regular token burns, has played a central role in driving BNB’s value proposition. These actions reduce the token’s circulating supply, creating artificial scarcity and reinforcing its utility within Binance’s broader financial infrastructure. Analysts have noted that the combination of treasury purchases and token destruction could maintain upward momentum, particularly if on-chain demand remains robust [1].

The broader crypto market also showed signs of institutional adoption in July 2025, with spot Ethereum (ETH) ETFs recording a record $5.43 billion in net inflows. While this indicates a broader shift toward digital assets, the direct impact on BNB is attributed more to Binance’s internal tokenomics than to external market trends [2].

Speculative forecasts, such as expectations of 1,000% gains for other tokens, are not reflective of BNB’s current trajectory. Instead, BNB’s growth is grounded in concrete treasury actions and demand from institutional investors [3]. This strategic approach has positioned BNB as a key player in the evolving crypto landscape, particularly as the market anticipates potential regulatory developments, such as a Hong Kong license, which could further fuel investor sentiment.

With Binance continuing to prioritize token destruction and strategic treasury management, the recent price surge underscores the token’s increasing role in both decentralized finance and centralized trading platforms. Investors remain focused on whether these efforts will translate into long-term value creation for BNB holders.

Source: [1] RSS Crypto - Cryptocurrency News feed aggregator (12254) (https://rsscrypto.com/) [2] Spot Ethereum ETFs Set A New Record In July With $5.4 ... (https://m.fastbull.com/news-detail/spot-ethereum-etfs-set-a-new-record-in-news_6100_0_2025_3_6405_3) [3] Early Backers Expect This Token to See 1000% Gains ... (https://www.mitrade.com/insights/news/live-news/article-3-1007476-20250803)