XRP News Today: Binance Coin Surges 32% to $858 All-Time High on Institutional Demand, Ecosystem Advances

Binance Coin (BNB) has reached a historic milestone, trading at an all-time high of $858 on July 26, 2025, driven by robust institutional demand and ecosystem advancements. The token has surged 32% in the past month and 29% over six months, with a 13% weekly gain reflecting renewed short-term optimism. BNB’s price action has positioned it within a $615–$686 range, with immediate resistance at $715 and support near $574. Analysts note that breaking the $715 level could unlock further gains, while pullbacks to $574 present entry opportunities [1]. Binance’s founder, Changpeng Zhao, now holds $83 billion in BNB value via his 64% stake, elevating his net worth to $75 billion [2].

Solana (SOL) has demonstrated strong short-term resilience despite a 15.23% six-month decline. Recent gains of 35.47% over the past month and a 6.12% weekly rise highlight its volatility. Current trading activity places SOL between $131 and $173.35, with key resistance at $191.79 and support at $107.89. Technical indicators suggest a mixed outlook, with bulls testing resistance levels while longer-term bearish pressures persist. Analysts recommend strategic entries near support zones and exits at resistance [3].

Ripple’s XRP has rebounded 52.08% in the past month, though it remains up only 6.52% over six months. The token’s recent performance shows a $1.99–$2.41 range, with critical support at $1.73 and resistance near $2.59. Despite a 5.70% weekly decline, XRP’s monthly gains reflect renewed interest amid ongoing legal challenges. Trading strategies emphasize monitoring the $1.73 support level and $2.59 resistance for potential rebounds [4].

The broader crypto market has responded to BNB’s ascent, with the Altseason Index climbing to 51, nearing the 75 threshold historically associated with altcoin seasons. Institutional adoption, including corporate treasury allocations by firms like Nano Labs, underscores growing confidence. Nano Labs, a company listed in China Hong Kong, plans to acquire up to $1 billion in BNB through convertible notes [5]. Binance’s upcoming infrastructure upgrades, targeting 20,000 transactions per second by 2026, aim to further solidify its institutional appeal [6].

Technical analysis supports BNB’s bullish trajectory, with a 194.5% surge in trading volume to $2.9 billion signaling strong participation. While key resistance at $900 and $1,000 remains, the absence of immediate technical barriers suggests continued upward potential. Analysts project that BNB would need to reach $1,245—a 45% increase—to surpass Warren Buffett’s net worth [7].

For Solana, the xAI Grok model forecasts a 66% probability of reaching $300 within months, though volatility remains a risk [8]. Ripple’s XRP has seen renewed interest through a passive income app but lacks specific price targets [9]. The market’s focus on these coins reflects shifting dynamics, with ecosystem development and institutional adoption reshaping traditional narratives. However, concentrated ownership in tokens like BNB introduces risks, as corrections could significantly impact key stakeholders.

Source:

[1] [BNB Crypto Hits A New All-Time High Of $858, Making Binance Co-Founder One Of The World's Richest Men] (https://99bitcoins.com/news/altcoins/bnb-crypto-hits-a-new-all-time-high-of-858-making-binance-co-founder-one-of-the-worlds-richest-men/)

[2] [CZ Binance's Net Worth Hits $75B as BNB Token Breaks New ATH Above $850] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)

[3] [BNB Hits New ATH. Is CZ Now Richer Than Bill Gates?] (https://u.today/bnb-hits-new-ath-is-cz-now-richer-than-bill-gates)

[4] [Turn Your Smartphone into a Miner: XRP Mining’s New Passive Income App Now Live] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)

[5] [CZ Binance's Net Worth Hits $75B as BNB Token Breaks New ATH Above $850] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)

[6] [CZ Binance's Net Worth Hits $75B as BNB Token Breaks New ATH Above $850] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)

[7] [CZ Binance's Net Worth Hits $75B as BNB Token Breaks New ATH Above $850] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)

[8] [Grok Thinks Solana Could Hit $300 – But Is $SNORT the Next Big Thing?] (https://www.mitrade.com/au/insights/news/live-news/article-3-991169-20250728)

[9] [Turn Your Smartphone into a Miner: XRP Mining’s New Passive Income App Now Live] (https://cryptonews.com/news/cz-binances-net-worth-hits-75b-as-bnb-token-breaks-new-ath-above-850-richer-than-warren-buffett/)