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BNB Price Surges to New Peak Amid Rising Volume and Market Optimism
Binance Coin (BNB) reached an all-time high of $850.61 on July 28, 2025, marking a 6.83% daily gain and a 27.91% monthly surge. The price breakthrough came after piercing a multi-year resistance level near $795, triggering a bullish price discovery phase. Trading volume for BNB spiked 81.05% in 24 hours, reaching $3.39 billion, while its market capitalization climbed to $118.48 billion. Over 82% of 113,000 surveyed users expressed optimism about BNB’s trajectory, underscoring strong retail and institutional interest in the Binance ecosystem [1].
Technical analysis highlights BNB’s structural shift from a 2021-2024 consolidation phase, during which the token formed a rounded base pattern—a sign of long-term accumulation. The price surge followed a breakout of a downtrend line, with key Fibonacci support levels identified between $340 and $400. Traders are monitoring the $860–$870 zone as the next immediate resistance, with analysts suggesting further gains could target $900 or even $1,000, a 17.5% increase from current levels [2].
Market dynamics have been amplified by strategic initiatives from Binance, including token burns and the Maxwell Upgrade, which enhanced on-chain functionality. A major catalyst was the launch of Binance’s RWUSD stablecoin, offering a 4.2% APR tied to tokenized treasuries. The token briefly hit $857 after the July 25 announcement, reflecting renewed confidence in the platform’s ecosystem [3].
The rally also coincided with broader institutional adoption and ETF inflows into crypto assets. Over $172 million in positions were liquidated within 24 hours, with $118 million attributed to short sellers, signaling a shift in market sentiment. BNB’s performance drove a 5-month high for PancakeSwap’s CAKE token, highlighting cross-chain synergies and ecosystem-wide demand [4].
Analysts remain cautiously optimistic but emphasize dependency on macroeconomic conditions and strategic execution. While Mitrade projected a $907 target based on open interest data, BNB’s price fluctuated, closing at $797.79 on July 28 after peaking at $857 earlier in the day. Similarly, a prior ATH of $809.84 in late June triggered $180 million in liquidations, illustrating the token’s volatility [5].
The surge aligns with broader market trends, including a 7.7% 24-hour gain on July 22 that pushed BNB near $857 amid Bitcoin’s bearish divergence. Binance founder Changpeng Zhao’s reported net worth of $75 billion by July 11 further reinforced trust in the exchange’s operations, indirectly boosting BNB demand [6].
Source:
[1] [Binance Coin (BNB) Hits $850 All-Time High on Strategic Accumulation, Token Burns](https://www.ainvest.com/news/binance-coin-bnb-hits-850-time-high-strategic-accumulation-token-burns-2507/)
[2] [BNB Surges to $832 All-Time High on Maxwell Upgrade](https://www.ainvest.com/news/bnb-surges-832-time-high-maxwell-upgrade-37-active-address-growth-2507/)
[3] [$BNB Sets $827 New ATH, Short Sellers Face $118 million Liquidations](https://fxdailyreport.com/bnb-sets-827-new-ath-short-sellers-face-118-million-liquidations/)
[4] [Binance Introduces RWUSD With 4.2% APR Tied to Tokenized Treasuries](https://coincentral.com/binance-introduces-rwusd-with-4-2-apr-tied-to-tokenized-treasuries/)
[5] [BNB Price Forecast: Binance Coin Surges to Record Highs as $907 Target Emerges](https://www.mitrade.com/au/insights/news/live-news/article-3-990685-20250728)
[6] [CZ Net Worth Hits $75B as BNB Sets New Record](https://coinfomania.com/cz-net-worth-75b-bnb-high/)

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