Binance Coin (BNB) hit a record high of $900 on August 23, 2025, propelled by substantial institutional buying and a surge in network activity. The unprecedented price jump reflects the robust DeFi ecosystem of BNB and its increasing appeal to major players in the market. Binance’s massive scale contributes significantly to the growing demand. Institutional investors like the BNB Network Company, with a significant 160 million stake, have played a key role in driving this rally, alongside notable investments from China Renaissance. As Binance confirms the ATH and highlights increased network activity, analysts are optimistic about BNB’s future. This latest price surge comes as Binance’s Layer-2 scalability platform opBNB witnesses remarkable growth. Over 3 million daily active addresses further demonstrate the growing demand for BNB. Institutional investments have amounted to over $260 million recently, further bolstering the market impact of BNB. This rally signifies BNB’s resilience and potential future dominance in the crypto space as it attracts continued investment from institutional investors.