Binance Coin (BNB) is showing strong growth, reaching $813.70. This article examines the key factors behind this increase and the current market conditions.
Changes in Binance Coin Price
Currently, the price of Binance Coin stands at $813.70, up by 1.46%. The market capitalization has reached $113.35 billion with a growth of 1.42%. This dynamic has reignited institutional interest in the asset, which is now being utilized as a treasury asset by several publicly listed companies.
BNB Network Company's Strategy
On August 10, 2025, BNB Network Company announced the purchase of 200,000 BNB tokens, making it one of the largest holders of Binance tokens globally. This acquisition followed a $500 million private placement mainly backed by 10x Capital and YZi Labs. The primary purpose of this capital is to establish BNB as its principal reserve asset.
Overview of Binance Smart Chain
According to DefiLlama data, the Total Value Locked (TVL) on the BSC chain is $7.164 billion, increasing by 2.05% over the past 24 hours. PancakeSwap leads the TVL with $1.919 billion, followed by Venus and Lista DAO. The trading volume of BNB has reached $2.28 billion, with a majority coming from centralized exchanges.
The increase in price and market capitalization of Binance Coin may indicate a resurgence of interest in cryptocurrency assets. It is advisable to keep an eye on ongoing market developments.
