Key Notes

• Analysts now eye $1,000 as the next key level for BNB price, with some forecasting further gains toward $2,000.
• The rally is driven by strong corporate interest, with Windtree Therapeutics committing up to $700 million for BNB purchases.
• BNB Smart Chain recorded 387 million transactions and 33.7 million users over the past week.

Amid the broader crypto market consolidation, Binance Coin

BNB
$855.2



24h volatility:
7.5%


Market cap:
$119.13 B



Vol. 24h:
$2.87 B

is seeing major upside, surging more than 7% in the last 24 hours to hit fresh all-time highs at $855. The daily trading volume for BNB has also surged by a massive 90% to more than $3.54 billion, hinting at strong bullish sentiment among traders. After unseating Solana

SOL
$192.9



24h volatility:
3.6%


Market cap:
$103.72 B



Vol. 24h:
$9.88 B

for the fifth-largest crypto spot, BNB has extended its lead further.

BNB Price Rally Turns Heads

Among the top ten cryptocurrencies, BNB is the top-performing crypto asset with 12% gains over the past week. After a pullback after rejection at $800, the BNB price has staged a strong breakout with high trading volumes.

Following today’s upside, the 24-hour liquidations for BNB price have surged past $4.14 million. Of these, more than $ million is just in short liquidations. Furthermore, the CoinGlass data shows that the BNB futures open interest has surged by 40% to more than $1.72 billion. This shows that bullish traders expect the price rally to continue further.

Following the recent breakout past $850, popular analyst Crypto Rand said that he expects the rally to continue further, with immediate targets of $1,000.

$BNB smashing the $850 and printing a new ATH feels unreal. I remember back in December 2017 when it pushed from $2 all the way to $20.

Few years later…here we are, with the eyes set on the next target: the $1,000 range.

Simply amazing, thanks @cz_binance 🙌 pic.twitter.com/pPt0K6LVph

— Crypto Rand (@crypto_rand) July 28, 2025

If the bulls manage to break past $1,000 with strong trading volumes, analysts predict the next potential upside to $2,000 and beyond. The recent upside comes following strong corporate demand for BNB strategic reserves.

Windtree Therapeutics has announced plans to acquire up to $700 million worth of BNB, following the token’s recent surge to a new all-time high of $845. The company has already secured $520 million in additional funding, supplementing an earlier $200 million allocation. On the other hand, Chinese microchip manufacturer Nano Labs began implementing its strategy to accumulate up to 10% of BNB’s total back in June.

On-chain Metrics Show Strength

Data reveals that BNB Smart Chain (BSC) ranks as the second-largest blockchain by transaction volume, recording over 387 million transactions in the past seven days.

Furthermore, had the second-highest user activity, logging more than 33.7 million active addresses, a 40% increase from the previous week. Also, its stablecoin transaction volume has reached $11.17 billion, while decentralized exchange (DEX) volume rose to $3.4 billion.

In addition, the total value locked (TVL) in BSC’s DeFi ecosystem has risen 22% over the past 30 days, reaching $10.2 billion. Bridged TVL has also climbed to over $19.2 billion, indicating accelerated network growth, according to DeFiLama.

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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

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