Binance’s BNB coin hit a new all-time high of $852.10 earlier today, July 28, 2025. This marks BNB’s 2nd all-time high price in July 2025. According to CoinGecko’s BNB data, the asset has rallied 6.6% in the daily charts, 10.9% in the weekly charts, 21.7% in the 14-day charts, 31.2% over the previous month, and 46.4% since July 2024.
Why Is BNB Rallying?
Binance’s BNB coin hitting a new all-time high follows Bitcoin (BTC) briefly reclaiming the $119,000 price level. If the current rally continues, BNB could breach the $900 mark very soon. The rebound follows increased volatility over the last weekend. Prices dipped following a Satoshi-era BTC wallet offloading 80,000 coins. The move led to quite a stir in prices.
The crypto market seems to be recovering today, following the weekend selloff. BNB is likely following BTC’s trajectory. $900 could be a fair target for BNB to achieve next.
There is a chance that the market will face some volatility over the coming days. The Federal Open Market Committee (FOMC) meeting is set to take place tomorrow, July 29. Investors may look for clues on the Federal Reserve’s stance on the US monetary policy. According to the CME FedWatch tool, there is a 96.9% chance that the Federal Reserve will keep interest rates unchanged. The lack of an interest rate cut could lead to investors stepping back from risky assets, such as cryptocurrencies. BNB could face a correction under such circumstances.
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According to CoinCodex BNB analysts, Binance’s BNB could climb to another all-time high and breach the $900 mark next month. The platform anticipates the asset to hit $908.43 on Aug. 18, 2025. Hitting $908.43 from current price levels will entail a rally of about 7%.
The crypto market could move in any direction over the coming days. How the market pans out is yet to be seen.