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Table of Contents
Table of contents
Binance and BNB – From regular Ethereum tokens to crypto empires
BNB hit three record highs in one week
CZ's wealth faces substantial growth
Home web3.0 Binance Coin (BNB Coin) breaks through USD 860: Binance hits record high on its 8th anniversary

Binance Coin (BNB Coin) breaks through USD 860: Binance hits record high on its 8th anniversary

Jul 30, 2025 pm 08:45 PM
cad Blockchain tool Bitcoin binance cryptocurrency Ethereum Binance exchange Ethereum token Decentralized exchange 2025

Table of contents
  • Binance and BNB – From regular Ethereum tokens to crypto empires
  • BNB hit three record highs in one week
  • CZ's wealth faces substantial growth

Recently, the crypto market has continued to heat up, and Binance Coin (BNB) has made a strong breakthrough, hitting a record high of US$859.56. The rapid rise further established BNB's leading position in crypto assets.

At the same time, BNB's market value has also set a new record, surpassing many well-known traditional companies, such as Strategy, a listed company focused on Bitcoin, Japanese technology giant SoftBank, and global sports brand Nike.

The price increase also significantly boosted the personal wealth of its founder Zhao Changpeng (called CZ in the industry). One of the most influential billionaires in the crypto space, CZ’s net worth is now expected to surpass traditional business giants such as Warren Buffett and Bill Gates. Although he no longer serves as the daily manager of Binance, his position in crypto history as the co-founder of the platform and the creator of BNB is unshakable.

Binance Coin (BNB Coin) breaks through USD 860: Binance hits record high on its 8th anniversary

Binance and BNB – From regular Ethereum tokens to crypto empires

The development history of BNB is closely related to the rise of Binance. In July 2017, at the peak of the initial token issuance (ICO) boom, Zhao Changpeng and his team launched the Binance Exchange and issued BNB tokens based on the ERC-20 standard on the Ethereum network.

Binance has rapidly grown into the world's leading crypto platform for trading volume, and BNB has gradually evolved from a tool originally used to reduce transaction fees to the core of the entire ecosystem. As Binance map expands, BNB's application scenarios continue to expand.

In 2019, Binance launched its independently developed blockchain - Binance Smart Chain (later renamed BNB Chain), realizing the migration from Ethereum. This move gives BNB Chain smart contract capabilities, driving the DeFi, GameFi and NFT markets to flourish. BNB Chain has also become a popular platform for the first launch of many new projects, replacing traditional ICO through Binance Launchpad's IEO model.

Over the past eight years, Binance has stood firm in the face of numerous regulatory challenges, profoundly affecting the global crypto landscape. In July 2025, the giant ushered in an important node of its eighth anniversary.

Today, BNB has become the underlying pillar of the BNB chain, supporting thousands of decentralized applications (dapps), and ensuring network security through pledge mechanisms.

BNB hit three record highs in one week

There are many factors that drive BNB prices to reach the high of $859. These include the active layout of institutional investors, the widespread adoption of BNB chains in multiple application scenarios, and the general optimism of the market for the future of crypto, especially in the context of the United States' plan to establish a strategic Bitcoin reserve. In addition, Zhao Changpeng was invited to join the Pakistan Cryptocurrency Council this year, and BNB was also included in the national reserve assets by Bhutan, further enhancing market confidence.

On-chain data shows that BNB chains maintain high activity in decentralized exchanges, games and NFT fields.

The record set follows BNB hitting an all-time high of $804 five days ago before climbing to $827 on Sunday. Now that the price has exceeded US$859, the focus of hot market discussion has turned: When will BNB hit the US$1,000 mark?

CZ's wealth faces substantial growth

With the arrival of Binance's eighth anniversary celebration, BNB prices have repeatedly hit new highs, and Zhao Changpeng (CZ) has once again become the focus of industry attention. He served four months in the United States for legal issues, and this experience instead reinforced his symbolic significance in the crypto community. Although he has handed over the CEO position to Richard Teng, CZ remains Binance's core decision-maker and largest shareholder.

It is estimated that he personally holds more than half of the total circulation. This shareholding ratio combined with the soaring price of the currency has enabled its net assets to climb to $158 billion, surpassing the "stock god" Warren Buffett.

After leaving office, CZ opened a new personal career—Giggle Academy, a nonprofit program dedicated to providing free mathematics, English and blockchain education for children in need. In addition, he is writing a new book since last year, which may cover personal experience, Binance's founding process, and in-depth insights into the crypto industry.

Overall, as Binance enters its ninth year and BNB is heading towards its $1,000 target, the entire crypto field is showing unprecedented vitality. BNB has become one of the strongest assets in the market, and Binance remains a solid cornerstone to support the industry's progress, enough to withstand any regulatory storm or market winter.

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