BNB Surges to New All-Time High of $852, CZs Fortune Soars to $75.8 Billion

Changpeng Zhao’s wealth in BNB has surpassed $75.8 billion, coinciding with the token reaching an all-time high of $852.1, according to data from CoinGecko.

As of this writing, the altcoin’s price has adjusted to $850.55, showing a 6.8% increase over the past day.

According to a Forbes report from June 2024, Zhao holds 64% of the circulating BNB supply, which amounts to approximately 89.1 million tokens. The entrepreneur previously stated that 98% of his portfolio is made up of this asset, as reported here.

Dominic John, an analyst at Kronos Research, attributed the surge in BNB’s value to improvements in on-chain metrics. He noted that Total Value Locked (TVL), stablecoin market capitalization, and transaction volumes on the PancakeSwap DEX have all reached 2025 highs.

John also observed an increase in whale activity and corporate demand. For instance, the company Nano Labs plans to hold up to 10% of the total BNB supply.

Kadan Stadelmann, CTO of Komodo Platform, identified the token burning program as a contributing factor to the price increase. He stated that reducing supply and expectations of future burns help sustain the asset’s value. Additionally, he mentioned that whales and institutional investors have a substantial impact on the BNB market.

Another positive development may be the recent Maxwell update on the BNB Chain, which has improved blockchain performance.

It is noteworthy that BNB Chain developers aim to create a «next-generation blockchain» and boost network performance by tenfold.