Binance Coin hits $800 following a $90M acquisition by a Nasdaq-listed company.
Key Points:
- Market shift fueled by a major institutional purchase.
- Binance Coin achieved a record price of $800.
- Anticipated further growth towards $1200 affected market sentiments.
Binance Coin reached $800 on July 23, 2025, driven by a Nasdaq-listed firm’s $90 million acquisition.
The acquisition highlights the growing institutional interest in cryptocurrency, boosting Binance Coin’s potential value and market position.
market rallies triggered by similar institutional activities.
“Appreciated all industry players, including ETFs applicants, builders, Bitcoin BTC, and Ethereum ETH holders, amongst others,” highlighting institutional adoption’s role in BNB’s rise.
