BNB is riding a wave of bullish momentum along with the wider crypto market, gaining 4.5% over the last 24-hour period to now stand near $780.
Trading volumes for the cryptocurrency have been above-average suggesting deep-pocketed buyers were involved, according to CoinDesk Research's technical analysis model.
The move coincides with news that BNB Chain is unveiling its 2025–2026 roadmap, which includes scaling gas limits and adding privacy features. It also comes amid a wider crypto market rise that has seen the space’s total market capitalization near the $4 trillion mark.
BNB Chain processed more than 440 million transactions last month, capturing a significant share of total network activity according to DeFiLlama data. Ethereum, in comparison, saw 41.2 million transactions over the same period.
The surge in usage is backed by a flurry of developer activity. BNB Hack, the network’s ongoing grant competition, recognized five new projects on July 21, including an AI-powered DeFi assistant and a social engagement layer for the web.
Corporate adoption of BNB itself has also been growing. Windtree Therapeutics, a Nasdaq-listed biotech company based in Pennsylvania, last week announced plans to raise as much as $200 million to build a BNB treasury.
Windtree joins companies including 10X Capital and Nano Labs in investing in the cryptocurrency for their corporate treasuries.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
