BNB Surges to $860 All-Time High as Nano Labs Expands Holdings to 128K Tokens

BNB reached an all-time high of $860 on July 28, 2025, driven by institutional adoption and strategic accumulation by key market participants. Nano Labs Ltd, a Nasdaq-listed web3 infrastructure provider based in China, announced it had increased its BNB holdings to 128,000 tokens, elevating the value of its strategic reserve to over $108 million at the current market price of $850 per token [1]. The company acquired an additional 8,000 BNB tokens through an over-the-counter transaction at an average price of $801, bringing its portfolio’s average cost to $713 per token. This move aligns with Nano Labs’ broader strategy to deepen integration into the BNB ecosystem and capitalize on growth in decentralized finance and blockchain infrastructure.

Nano Labs’ decision to hold BNB as a treasury asset reflects a growing trend among publicly traded companies seeking to diversify reserves with crypto assets. The company’s aggressive accumulation strategy has amplified demand for BNB, contributing to its price momentum. At the time of the announcement, BNB traded near $846, with a market capitalization of $119 billion and a 94% surge in daily trading volume to over $3.4 billion [1]. Analysts have highlighted $1,000 as a key psychological barrier for the token, citing BNB Chain’s growth and institutional interest as key factors. The price’s brief spike above $860 underscored market optimism, though subsequent stabilization near $846 indicated a balance between technical strength and speculative sentiment.

Nano Labs’ strategic reserve reflects a calculated bet on BNB’s long-term potential. By purchasing tokens at prices below the current market rate, the company has secured a favorable entry point, potentially enhancing future gains if the token continues its upward trajectory. This approach mirrors broader institutional strategies to leverage crypto as a store of value and hedge against macroeconomic uncertainties. The firm’s holdings now position it as a significant stakeholder in the BNB market, with the potential to influence short-term price dynamics.

Market analysts emphasize that while technical indicators and institutional demand support bullish projections, volatility remains inherent to cryptocurrency markets. The $1,000 target, though widely discussed, depends on sustained adoption, regulatory clarity, and macroeconomic conditions. Nano Labs’ accumulation strategy, combined with broader market optimism around spot crypto exchange-traded funds, has intensified speculation about BNB’s next milestone. However, analysts caution that reaching this level will require continued institutional participation and robust ecosystem growth.

Source: [1] [BNB Price Hits $860 as Nano Labs Increases BNB Holdings to 128K] https://invezz.com/news/2025/07/28/bnb-price-hits-860-as-nano-labs-increases-bnb-holdings-to-128k/