Altcoins News
By Maheen Hernandez
1 / 9
BNB, the native token of the Binance ecosystem, has made headlines again by reaching a fresh all-time high of $804.7 on July 23, 2025.
2 / 9
The journey to this new all-time high was not a sudden event. BNB had been building bullish momentum steadily since August 2024, climbing along a steep ascending trendline.
3 / 9
A significant milestone in this rally was BNB’s breakout above the $650 resistance level. This move confirmed the bullish sentiment in the market and cleared a major…
4 / 9
With BNB now in uncharted territory, analysts are turning to Elliott Wave (EW) theory to understand what could come next.
5 / 9
Based on this projection, BNB could continue climbing within this wedge formation, possibly reaching a price target of $1,033 before the end of 2025.
6 / 9
However, there's also the possibility that BNB breaks out from the wedge formation entirely.
7 / 9
Despite reaching a new all-time high, BNB’s price action has not turned parabolic—yet. This cautious and steady climb could actually be a positive sign, indicating that the rally…
8 / 9
The new ATH also adds confidence to Binance’s broader ecosystem. BNB plays a central role in powering Binance’s exchange, Smart Chain, and numerous DeFi and NFT projects.
9 / 9
In conclusion, BNB’s recent breakout above $800 marks a significant milestone for the token and sets the stage for further gains.
The Currency Analytics
Want the full story?