BNB reached a new ATH on August 14, hitting prices above $864, amidst a bullish market that saw Bitcoin reaching new highs as well.
BNB price was pushed higher by continued developments in the ecosystem and an optimistic crypto market amidst rising global adoption.
BNB Hit a New ATH Above $864
On August 14, BNB reached its new ATH above $864, hitting a market cap of more than $120.4 billion. BNB price surged from $839 on August 13, pushed higher by an optimistic market.
At the moment of writing this article, BNB is trading near $858 with a market cap of over $119.5 billion. The digital asset is up by over 1% in the past 24 hours.
BNB's latest achievement comes exactly one month after its 8th anniversary on July 14.
The BNB Chain also marked the important event via a post on X, while Binance's founder, Changpeng Zhao, told the crypto industry to keep building.
On August 13, CZ shared a post by
Binance, highlighting that BNB's market cap of over $117.91 billion had surpassed the one of Nike, marking an important milestone.
BNB ATH Came Amidst an Optimistic Crypto Market
The BNB ATH comes in a bullish crypto market filled with optimism that also saw Bitcoin hitting its new ATH above $124,000 on August 14, amidst continued institutional interest, and rising global adoption.
The crypto industry received support on August 13 from World Liberty Financial's founders during an interview on CNBC, while addressing a $1.5 billion digital asset deal and the growth of the USD1 stablecoin.
Fox News also featured the co-founders of the crypto project, who showed support for the industry, saying that it can fix a broken financial system.
Binance's CZ, Mentioned by World Liberty Financial
On August 13, during the CNBC interview, CZ was also mentioned when the host asked Zach Witkoff whether the Binance founder should get a pardon.
While not directly answering the question, Witkoff said that CZ is a guy who built an incredible business, and he's also charitable, spending his life on education and fixing the broken education system. Witkoff also highlighted WLFI's respect for CZ.
BNB's latest milestone comes as Binance, the biggest crypto exchange in the world, continues to gain more trust worldwide, nearing 285 million registered users.
