BNB Price Breaks $850 as Whale Activity Rises
The native token of Binance, BNB, has reached a new all-time high of $850.70, pushing the estimated holdings of Changpeng “CZ” Zhao past $75 billion. This surge in valuation strengthens CZ’s position among the wealthiest individuals globally, ranking him 23rd according to recent billionaire estimates.
“CZ reportedly holds around 64% of the BNB circulating supply — equal to 89.1 million tokens.”
At the current BNB price levels, his holdings surpass several well-known billionaires, including family stakes in some of America’s largest private firms. His crypto-dominated portfolio also includes a small fraction in Bitcoin, with 98% reportedly held in BNB.
Key Drivers Behind BNB’s Price Rally
Analysts attribute the rally to multiple bullish fundamentals, including:
- Increased Total Value Locked (TVL) on BNB Chain
- Rising stablecoin market cap
- Record-high trading volume on decentralized exchange PancakeSwap
Another strong signal comes from BNB whale accumulation, with large wallets and institutional treasuries, including Nano Labs, accumulating tokens. Nano Labs alone plans to hold up to 10% of the total BNB supply, signaling rising confidence from corporate players.
BNB Chain Upgrades and Token Burn Fuel Price Momentum
The recent Maxwell upgrade on BNB Smart Chain, launched on June 30, promises faster blocks, better validator coordination, and improved scalability. This technical advancement has also contributed to the growing investor optimism.
Furthermore, Binance continues its quarterly token burn program, designed to gradually reduce the supply of BNB and support price appreciation.
“BNB’s supply reduction through token burns is a deliberate mechanism to support long-term value.”
Future Outlook: Treasury Demand and Market Conditions Key
To maintain this rally, strong treasury demand, continued rise in chain metrics, and consistent token burns will be essential. However, macroeconomic uncertainties still pose risks, and the momentum could shift if market sentiment turns.
BNB’s performance in 2025 highlights its growing role in DeFi, staking, and institutional portfolios.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.