Binance Coin extended its 2025 rally overnight, climbing above $800 for the first time and touching roughly $805, according to multiple market-tracking services early Wednesday. The move lifted BNB’s market capitalization past $107 billion, enabling the token linked to crypto exchange Binance to reclaim its place among the five largest digital assets. The rebound came less than 24 hours after Solana had edged ahead with a capitalization of about $107.4 billion, briefly pushing BNB into sixth place. Observers cited deepening institutional demand for the latest surge. CryptoDotNews pointed to a $90 million purchase by blockchain firm Nano Labs and a rise in derivatives open interest as immediate catalysts. One industry commentator estimated the latest price puts BNB more than 5,000 times above its 2017 initial offering price of under $0.10. BNB’s advance unfolded against a broadly steady backdrop for digital assets. Total cryptocurrency value hovered near $3.96 trillion, with Bitcoin and Ethereum little changed on the day, data from DropsTab showed.