Bitcoin News Today: BNB Surges 7% to $858 on Windtree's $700M Acquisition as Altcoins Rally

BNB, the native token of the Binance Smart Chain ecosystem, reached a historic milestone on July 13, 2025, climbing to $858—a 7% surge in a single day and marking its position as the fifth-largest cryptocurrency by market capitalization [1]. The token’s rally followed the announcement that Nasdaq-listed Windtree Therapeutics would acquire up to $700 million in BNB, reinforcing a corporate trend of crypto treasury investments pioneered by figures like Michael Saylor. This institutional backing has propelled BNB 43% higher since its $600 level earlier this year, outpacing even Standard Chartered’s 2028 price target of $2,775 [1].

The BNB surge has been accompanied by a broad altcoin rally. Optimism (OP), a layer-2 solution for Ethereum, surged 12.6%, leading the top 100 cryptocurrencies by market capitalization. Avalanche (AVAX) gained 8.9%, Injective (INJ) rose 5.4%, and Worldcoin (WLD) advanced 3.7% [1]. These gains reflect a shift in investor sentiment, as Bitcoin’s dominance—a metric measuring its market capitalization share relative to the broader crypto market—declined from a four-year high of 66% in June to 60.43% as of the latest data. A falling dominance index often signals increased capital inflows into alternative cryptocurrencies, a trend accelerating in 2025 as major altcoins outperform Bitcoin, which has risen just 0.6% in the past day and 0.2% weekly [1].

Ethereum (ETH) has also seen robust performance, climbing 60% over the past month to $3,885, a level just 20% below its 2021 all-time high of $4,878. Predictors on Myriad Markets assign a 68.5% probability to ETH setting a new record by year-end, though this remains speculative [1]. The growing optimism around altcoins is further underscored by outsize gains in tokens like Solana and Toncoin, which have outpaced Bitcoin’s modest price action.

Institutional interest in BNB has deepened beyond corporate purchases. Binance co-founder Changpeng Zhao’s family office, YZi Labs, announced plans to support the formation of a BNB Treasury Company earlier this month, though the specifics of its involvement remain unclear [1]. This development, coupled with Windtree’s acquisition, highlights BNB’s rising appeal in institutional portfolios. However, the token’s long-term trajectory remains uncertain, as Standard Chartered’s 2028 projection is still over four years away.

The interplay between Bitcoin’s cyclical dominance and altcoin performance has shaped the 2025 market landscape. A declining Bitcoin dominance index often signals shifting capital toward alternative cryptocurrencies, a pattern observed as major altcoins attract both speculative and institutional attention. Meanwhile, smaller tokens like Bonk and Bitcoin Cash face mixed conditions, with volatility indices suggesting heightened risk [1].

While the current rally reflects growing confidence in altcoin innovation, sustainability remains a concern. Options traders have assigned a 30% probability to Ethereum reaching $6,000 by year-end, up from 7% in early July, though this remains a tail-end expectation [1]. Investors are closely monitoring whether macroeconomic developments and regulatory clarity will sustain the momentum or trigger corrections.

Sources:

[1] [Decrypt: Altcoins AVAX, OP, and WLD Climb As BNB Sets New All-Time High](https://decrypt.co/332044/altcoins-avax-op-and-wld-climb-as-bnb-sets-new-all-time-high)