BNB Hits $804 Peak, Overtakes Solana Amid ETF Inflows

Published: 2025-07-23 19:54:25 |

BNB surged to an all-time high of $804 on Binance, driven by institutional inflows into crypto ETFs and the US House’s approval of key regulatory bills. The rally pushed BNB’s market capitalization past Solana, ranking it fifth worldwide. Trading volume spiked, reflecting broad retail and institutional demand. Binance founder Changpeng Zhao highlighted the Altcoin Season Index rising above 50, signaling growing FOMO. Meanwhile, BNB Chain developers unveiled plans for a next-generation blockchain to boost performance tenfold. As scalability and interoperability improvements roll out, competition with Solana intensifies in DeFi. After peaking, BNB corrected to $792, still up 4% for the day. Traders should monitor ETF flows, network upgrades, and regulatory developments to navigate the evolving crypto market.

Bullish

BNB’s record high and market cap overtaking Solana reflect strong institutional ETF inflows, regulatory support, and growing FOMO, all signaling bullish momentum. Network upgrades and scalability plans further underpin long-term demand. Although a short-term correction occurred, sustained trading volumes and strategic developments suggest continued upside for BNB.