BNB reached a historic peak of $858 after surging 7%, fueled by Windtree Therapeutics’ $700 million acquisition and broader altcoin market strength. The token now ranks as the fifth-largest cryptocurrency by market capitalization.
Bitcoin’s market dominance dipped to 60.43% as altcoins gained traction, with Ethereum layer-2 Optimism leading gains at 12.6%. Ethereum itself surged 60% over the past month to $3,885.
Standard Chartered forecasts BNB could climb to $2,775 by 2028, citing the Binance Smart Chain ecosystem’s growth potential. This aligns with increasing corporate adoption of cryptocurrencies, exemplified by Windtree Therapeutics’ substantial investment.