BNB Hits All-Time High, Surges 6.48% in 24 Hours as Market Cap Tops $119.3B

BNB, the native token of Binance, reached an all-time high (ATH) above $860 on July 28, 2025, before consolidating near $846.71. This milestone marked a 6.48% surge in 24 hours and a 12.74% gain over seven days, propelling its market capitalization past $119.3 billion, according to data from 8marketcap[1]. The asset’s valuation surge also saw it climb 13 spots in global asset rankings, now ranking 184th globally and surpassing entities like Strategy (190th) and SoftBank International (193rd) [1].

The price rally reflects renewed institutional and retail interest in the token, driven by expanding utility within the Binance ecosystem and broader crypto market optimism. Analysts attribute BNB’s performance to its role in Binance’s decentralized exchange, staking rewards, and governance features, which have increased demand across diverse use cases. The token’s recent climb underscores its growing dominance in the crypto landscape, overtaking traditional assets in market valuation.

Market observers highlight that BNB’s 13-rank jump in global asset rankings signals a broader shift in investor preferences toward digital assets. While BNB’s $119.3 billion market cap remains below blue-chip equities, its rapid ascent challenges the perception of crypto as a niche asset class. The token’s performance aligns with a broader crypto market recovery, with top-tier assets like Bitcoin and Ethereum also posting gains in recent weeks.

Looking ahead, the $900 level has emerged as a critical psychological barrier for BNB. Breaking through this threshold could trigger further institutional inflows, particularly if Binance announces new initiatives or expands BNB’s use cases. However, macroeconomic factors, such as interest rate decisions by central banks, may influence its trajectory. Investors are advised to monitor on-chain activity and volume metrics to assess the sustainability of the current bullish momentum.

Source: [1] [BNB Hits New ATH, Market Cap Soars Past $119B] [https://coinmarketcap.com/community/articles/688771f119d0ac2a2d639d3a/]