On July 28, BNB marked an important milestone and reached a new ATH above $858, mirroring the entire Binance ecosystem's advancements.
It's also worth noting that BNB surpassed the Nike company in terms of market cap.
BNB Hits a New ATH on July 28
During the past week, BNB managed to record one ATH after another. On July 28, Binance's digital asset hit a new ATH above $858.
At the moment of writing this article, BNB is trading above $858, and the digital asset has a market cap of over $3.65 billion. BNB is up by almost 13% in the past seven days and up by almost 8% in the past 24 hours.
On July 28, BNB recorded six consecutive green candles, and its 24-hour trading volume surpassed 93%.
BNB token's market cap of more than $119 billion surpassed the one of Nike, which stands $112.6 billion. BNB's latest price surges show continued institutional demand and rising adoption.
On July 23, Binance's founder, CZ, marked BNB's ascendant trajectory via an X post, writing Build and Build, and offering appreciations to all the ecosystem players, BTC maxis, ETH holders, meme traders, ETF applicants, treasury pub cos, good regulators, and utility builders.
The entire crypto ecosystem is filled with optimism amidst rising global adoption and surging trust stemming from clearer crypto-related regulations.
BNB's new ATH also reflects Binance's ascendant trajectory over the years.
Binance Surpassed 282 Million Users
As of July 28, Binance has more than 282,5 million registered users, mirroring the rising trust in the biggest crypto exchange in the world. This month, Binance celebrated its 8th anniversary and marked 8 years since the launch of the BNB token.
Binance is an essential player in the crypto industry, continuing to mark important milestones, and showing support for the whole ecosystem while protecting its users and having a strong culture that has helped it overcome all hardships over the years.
