Binance Coin (BNB) Price: Reaches New All-Time High as Institutional Adoption Grows
TLDR
BNB reached a new all-time high of $827.25, breaking its previous record of $809.84
The surge triggered $180 million in crypto liquidations, with short positions dominating the wipeouts
Daily DEX volume hit $3.936 billion, surpassing Ethereum by over $1.5 billion
Institutional adoption grew with Windtree Therapeutics establishing a $520 million BNB treasury fund
Over 180,000 new BNB addresses were created in one day, showing 62% growth in wallet adoption
Binance Coin reached a new all-time high of $827.25 on Sunday, July 27, breaking through its previous peak of $809.84. The price surge comes as multiple factors align to drive demand for the exchange token.
As of this writing, BNB trades at around $822, showing a modest pullback from its peak. The token has gained 1.87% over the past 24 hours and now sits as the fourth-largest cryptocurrency by market cap at $114.61 billion, excluding stablecoins.
The breakout triggered major liquidations across the derivatives market. Nearly $180 million in total positions were wiped out in 24 hours, with 77,874 traders affected. Short positions dominated the liquidations, with $1.58 million in BNB shorts eliminated compared to just $21,720 in long positions.
The price rally coincides with strong on-chain activity on BNB Smart Chain. DeFiLlama data shows BNB registered $3.936 billion in daily DEX volume, surpassing Ethereum by over $1.5 billion. This made BNB the top performer across all blockchain networks in the past 24 hours.
Source: DefiLlama
Over the past 30 days, BNB’s cumulative DEX volume reached $189.2 billion, more than double Solana’s $79 billion. This volume spike reflects growing adoption of the BNB Smart Chain ecosystem.
Network growth metrics support the price momentum. BSCScan data reveals over 180,000 new BNB addresses were created in the past day, representing an increase of more than 62%. This brought the total number of addresses to over 288,000.
Derivatives Market Shows Bullish Conviction
The derivatives market is reinforcing the upward trend. CoinGlass data shows the Taker Buy/Sell Ratio sits at approximately 1.1, indicating buy-side pressure dominates. A ratio above 1 typically confirms bullish market sentiment.
Open Interest Weighted Funding Rates have flipped positive at 0.0141%. This means traders with long positions are paying a premium, showing their willingness to maintain bullish bets despite the cost.
Source: Coinglass
Total open interest has surged past $1.3 billion, signaling rising trader conviction in BNB’s upward trajectory. Daily trading volume spiked above $5 billion, marking its highest level in months.
Large traders are also positioning for further gains. Onchain Lens reported a whale deposited $5.56 million in USDC into HyperLiquid to open a 3x long position in BNB. The BNB portion alone totaled $10.2 million in long exposure.
Institutional Treasury Adoption Grows
Institutional interest may be fueling additional momentum. Windtree Therapeutics, a biotech company, established a BNB treasury fund worth $520 million. The company plans to fund this allocation through an Equity Line of Credit and Build and Build Corp.
Patrick Horsman, CFA and Director at Horsman Holdings, described the move as part of a long-term vision. He stated that Windtree’s strategy to integrate BNB into its treasury reflects a forward-thinking approach to value creation.
Analysts point to rising BNB Chain network activity and continued dominance of Binance as the top cryptocurrency exchange as key drivers. One analyst wrote that all this demand could push BNB above $1,000 by Q4 and possibly $1,800-$2,000 by cycle top.
Build and Build. $BNB
Appreciations to all the ecosystem players, BTC maxis, ETH holders, meme traders, ETF applicants, treasury pub cos, good regulators, and utility builders. 🙏 pic.twitter.com/5YreSKU7xQ
— CZ 🔶 BNB (@cz_binance) July 23, 2025
Binance founder and former CEO Changpeng Zhao recently praised community and ecosystem support toward the network. The backing from the crypto community adds another layer of support to BNB’s price momentum.
With funding rates consistently positive and strong market activity backing the breakout, BNB appears positioned for potential further gains. The combination of institutional validation, growing network usage, and bullish derivatives positioning creates a foundation for sustained upward movement.
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Filed under: News - @ July 28, 2025 9:28 am