Cryptocurrency Binance Coin has updated its historical high at $ 884

Binance Coin BNB $865.42 BNB 0.72% Market capitalization $120.46 billion VOL. 24 hours $81.17 million has updated its all-time high, reaching $ 883.84 on the morning of August 21, 2025, according to TradingView. This is the coin’s third record since the end of July. The price subsequently pulled back and is currently trying to stay above $ 860. On the weekly chart, the asset shows an increase of 1.7%, and on the monthly chart — 12.6%.

Analysts attribute the upward trend to a combination of several factors, including institutional activity and a reduction in supply due to the BNB’s built-in deflationary mechanism. Demand for the coin from companies is also growing: earlier, CEA Industries created a $ 160 million corporate BNB reserve.

At the same time, the price correction may be related to the Nasdaq’s decision to delist Windtree Therapeutics (WINT) shares for non-compliance with regulatory requirements. This company is one of the corporate owners of BNB, which put additional pressure on the market.

The state of the BNB ecosystem as a whole also contributes to growth. According to DeFiLlama, since the beginning of April 2025, the total blocked value (TVL) in the BNB Chain network has been steadily increasing and reached $ 7.5 billion at the time of publication.

According to TradingView’s technical indicators, the Relative Strength Index (RSI) for BNB currently stands at 63.82. This is close to the overbought zone (70 and above), indicating a moderately bullish trend. However, further growth in the RSI may signal an increased risk of correction.