Bitcoin News Today: BNB Surges to $855.84 All-Time High on 7.4% 24-Hour Gain, Market Cap Exceeds $118.5B Following $610M Institutional Inflows

BNB, the native token of Binance, has surged past previous records, reaching a new all-time high of $855.84 on July 28, 2025, marking a 7.4% increase within 24 hours and propelling its market capitalization beyond $118.5 billion [1]. This milestone follows a 19% surge to $809 on July 26, driven by $610 million in institutional investments, as the token inches closer to the $1,000 psychological threshold [4]. Analysts suggest that a breakout above $809 could trigger a rally toward $1,000, with critical support at $743 to monitor if further gains stall [3].

The recent momentum has been fueled by a mix of macroeconomic factors and sector-specific dynamics. BNB led gains with a 5.54% rise on July 26, outpacing other major cryptocurrencies, including Solana’s 3.01% increase [2]. Sustained buying pressure above $780 indicates strong bullish sentiment, with institutional capital inflows playing a pivotal role in reinforcing market confidence [3]. Meanwhile, broader crypto markets remain active, as Bitcoin traded at $119,246 on July 26, up 0.84% on the same day, reflecting a generally positive risk-on environment [2].

Price analysis underscores the strategic significance of BNB’s current trajectory. The token has touched multiple all-time highs in recent weeks, including $851 on July 23 and $827 on July 27, with 24-hour gains ranging from 5% to 6% [1][5]. Analysts caution that while the $1,000 target remains speculative, the path to this level hinges on maintaining key resistance zones. A failure to hold above $743 could prompt a retracement, whereas sustained buying at current levels would likely accelerate the ascent [3].

The surge aligns with broader market optimism, including reports of a potential 90-day U.S.-China tariff truce, which spurred risk-on trading across asset classes [6]. BNB’s performance also reflects growing demand for blockchain-based infrastructure and institutional adoption of crypto assets. With its market capitalization now surpassing $118.5 billion, the token has become a focal point for investors seeking exposure to the evolving crypto ecosystem.

Source:

[1] [Ethereum News Today: BNB Hits All-Time High of $855.84](https://www.ainvest.com/news/ethereum-news-today-bnb-hits-time-high-855-84-posts-7-4-surge-market-cap-surpasses-118-5b-2507)

[2] [Bitcoin Price Climbs to $119246 While BNB and Solana Lead Gains](https://www.analyticsinsight.net/price-analysis/crypto-prices-today-bitcoin-price-climbs-to-119246-while-bnb-and-solana-lead-gains)

[3] [BNB Price Analysis: Will Binance Coin Break Past $1,000 Next?](https://coinpedia.org/price-analysis/bnb-price-analysis-will-binance-coin-break-past-1000-next/)

[4] [BNB Surges 19% on $610M Institutional Investments, Eyes $1,000 Target](https://www.ainvest.com/news/bnb-surges-19-610m-institutional-investments-eyes-1-000-target-volatility-2507)

[5] [Asad-00khan's Profile | Binance Square](https://www.binance.com/square/profile/asad-khan-9a26c15c1280)

[6] [Bitcoin Jumps Amid Reports Of 90-Day US-China Tariff Truce](https://coingape.com/bitcoin-jumps-amid-reports-of-90-day-us-china-tariff-truce/)