Binance Coin Surges Past All-Time High on 7.24% 24-Hour Gains $520M Treasury Move

Binance Coin (BNB) has surged past its previous all-time high, triggering a price discovery phase that has drawn significant market attention. On July 13, 2025, BNB reached $860, a 7.24% 24-hour increase, while a subsequent peak of $855 on July 22 was fueled by a $520 million corporate treasury commitment by Windtree. The token’s momentum continued, with prices trading at $854 on July 24 and hitting $851.98 by July 28—a 5% rise in 24 hours. These movements confirm a sustained upward trend, supported by volume and momentum metrics that reinforce the bullish trajectory [1].

The price action reflects a well-defined ascending trend channel, marked by higher highs and higher lows since April 2024. A critical breakout above $800 in late July ended a prolonged consolidation phase, validated by strong-volume candles. Analysts emphasize that a sustained hold above $785 is crucial for further gains, with $900 as an immediate target and $1,000–$1,200 as long-term objectives. However, traders are advised to monitor the $785–$795 support band, as a breakdown could trigger a pullback toward $740 [1].

Technical indicators underscore BNB’s resilience. The token has consistently traded above its previous accumulation zone near $700, signaling robust buying interest. While $870 is seen as a potential catalyst for acceleration toward $900, the $1,000 barrier remains a key psychological and technical hurdle. A $1,200 target hinges on sustained upward momentum and broader market conditions, with prolonged corrections below $780 posing risks to momentum [1].

The rally has also amplified confidence in the Binance ecosystem. Whale activity and compliance initiatives have contributed to the surge, with BNB briefly hitting $857.18 on July 13. Changpeng "CZ" Zhao’s net worth has surged to $75 billion amid the ascent, though caution is advised around key resistance levels where profit-taking could introduce short-term volatility. A retest of the $785–$795 zone is expected to confirm the trend’s durability, while a breakdown could signal shifting sentiment [1].

Market focus now turns to maintaining an upward bias. A clean break above $870 may accelerate the move toward $900, but analysts caution that prolonged corrections below $780 could erode momentum. Coinpedia notes that the path to $1,200 remains conditional on sustained altcoin strength and avoiding bearish reversals [1].

Source: [1] [Binance Coin Price Analysis: BNB Hits ATH, Bullish Path to $1,200 Unfolds] [https://coinpedia.org/price-analysis/binance-coin-price-analysis-bnb-hits-ath-bullish-path-to-1200-unfolds/]

[2] [BNB Price Hits Another All-Time High] [https://www.ccn.com/analysis/crypto/bnb-price-all-time-high-1000/]

[3] [BNB Surges to Record $830.72 as Compliance Push and Demand Boost] [https://www.ainvest.com/news/bnb-surges-record-830-72-compliance-push-demand-boost-0-80-24-hour-gain-2507/]