BNB Hits All-Time High Amid 27.91% Monthly Surge and 81% Volume Spike

Generated by AI AgentCoin World
Monday, Jul 28, 2025 9:37 pm ET2min read
Aime RobotAime Summary

- Binance Coin (BNB) hit $850.61 on July 28, 2025, surging 27.91% monthly amid a 81.05% 24-hour volume spike to $3.39 billion.

- Over 82% of users expressed optimism, driven by Binance's token burns, Maxwell Upgrade, and RWUSD stablecoin's 4.2% APR launch.

- Technical analysis highlights a breakout above $795 resistance, with $860–$870 as next targets and potential gains up to $1,000.

- $172 million in 24-hour liquidations (including $118M short positions) signaled shifting sentiment, while CAKE token hit 5-month highs.

- Analysts remain cautious, noting volatility after prior ATH liquidations and dependency on macroeconomic conditions and Binance's execution.

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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