BNB Surges to $855 All-Time High Driven by $520M Institutional Purchase 6.3% 24-Hour Gain

Binance Coin (BNB) surged to an all-time high of $855 on July 28, 2025, driven by a $520 million institutional-grade purchase and robust on-chain activity. The price rally, fueled by a 6.3% 24-hour gain and a 12.7% seven-day increase, marked a 48.2% annualized return for the token [1]. The purchase, orchestrated by biotech firm Windtree Therapeutics, was financed through a $520 million capital infusion secured via a Common Stock Purchase Agreement with ELOC and a $20 million arrangement with Build and Build Corp. The firm emphasized that 99% of proceeds would directly fund the BNB acquisition, with CEO Jed Larkin highlighting the move as part of a broader strategy to enhance value creation and shareholder returns through blockchain-based assets [2].

The transaction aligns with BNB’s role as a governance and utility token within the Binance ecosystem, which includes fee rebates, staking rewards, and decentralized application (dApp) integration. Analysts attributed the price surge to institutional inflows and a 194.5% spike in 24-hour trading volume, which reached $2.9 billion, propelling the token’s market capitalization to $118 billion [1]. The breakout occurred after BNB breached a six-month resistance level, with a clean retest at the $780 support level reinforcing upward momentum.

While the purchase added to Binance’s existing token buyback program—reducing BNB’s circulating supply by over 50% since 2021—market participants noted broader macroeconomic factors. These include a 12% year-to-date rise in global blockchain transactions and renewed institutional interest in utility-driven assets. Analyst Elja highlighted the “clean retest” at $780 as a critical technical catalyst, while BitBull projected a $1,000 price target by Q4, citing on-chain metrics such as a threefold increase in transactions and $11 billion in stablecoin inflows [3].

Long-term optimism is underpinned by BNB’s dual utility in transaction cost management and governance. Institutional demand, combined with Binance’s dominance as the world’s largest exchange, has reinforced bullish sentiment. However, analysts caution that regulatory developments in key jurisdictions could impact near-term volatility. Despite this, the token’s fundamentals—rooted in ecosystem growth and tokenomics—suggest sustained demand. As BNB enters “expansion territory” above prior resistance levels, the $1,000 psychological threshold is increasingly within reach, with projections extending to $1,800–$2,000 based on current trajectory studies [1].

Source:

[1] [Bnb Price Soars to 855 Ath Amid Recent 520m Binance Coin Purchase] (https://www.thecoinrepublic.com/2025/07/28/bnb-price-soars-to-855-ath-amid-recent-520m-binance-coin-purchase/)

[2] [Windtree Therapeutics Announces BNB Treasury Strategy] (https://coinmarketcap.com/community/articles/68880c9f4b2f3f471eb49107/)

[3] [BitBull’s BNB Projection to $1,000] (https://coinmarketcap.com/community/articles/68880c9f4b2f3f471eb49107/)