Binance Founder Changpeng Zhao (CZ) Teases Altcoin Season as BNB Price Hits ATH

On Jul 23, 2025 at 9:20 am UTC by · 3 mins read

Changpeng Zhao celebrated the BNB price milestone and hinted at the start of an altcoin season alongside gains in ETH, XRP, and SOL.

BNB BNB $781.2 24h volatility: 1.8% Market cap: $108.92 B Vol. 24h: $3.67 B , the native cryptocurrency of crypto exchange Binance, rallied to its all-time high levels earlier today, surging past $800. Founder Changpeng Zhao celebrated the BNB price rally with a gratitude message to all who helped in building the Binance ecosystem. Furthermore, Zhao also teased the beginning of an altcoin season as BNB joins the ranks of ETH ETH $3 645 24h volatility: 2.4% Market cap: $441.06 B Vol. 24h: $35.09 B , XRP XRP $3.20 24h volatility: 8.4% Market cap: $189.88 B Vol. 24h: $14.02 B , and SOL SOL $190.7 24h volatility: 5.5% Market cap: $102.71 B Vol. 24h: $22.20 B , in a strong altcoin market rally.

Altcoin Season Soon?

BNB price gained another 7% today, with its market cap soaring to $111 billion. This allows it to reclaim the 5th spot. Also, the BNB futures open interest has surged 23% to $1.27 billion, showing strong bullish sentiment among traders.

Additionally, in one of his other tweets, Zhao also teased about the rising chart of the altcoin season index. “FOMO season soon…” wrote CZ. The Altcoin season index has been inching higher, jumping to 56 from the 50 level on the previous day.

Altcoin season index | Source: CoinMarketCap

Top altcoins like ETH, XRP, BNB, SOL have all gained more than 20% over the past week, and 50-100% since the April lows. Also, institutional confidence in altcoins is on the rise as corporates take measures to build the ETH treasury, SOL treasury, and BNB treasury.

Nasdaq-listed Nano Labs, a leading provider of Web 3.0 infrastructure and product solutions, announced on Monday that it is expanding its BNB holdings to 120,000 tokens, valued at approximately $90 million.

Experts Give Higher Targets for BNB Price

According to Bitbull, the recent surge in BNB’s price is strongly supported by robust on-chain metrics. Daily transactions on the Binance Smart Chain have climbed from 4 million to over 14 million, while decentralized exchange (DEX) volumes reached an impressive $190 billion on a monthly basis.

Additionally, the network has seen more than $11 billion in stablecoin inflows, indicating growing investor confidence. Bitbull also noted that the blockchain has maintained a consistently high transaction success rate.

The analyst added that if bulls hold the BNB price above $800, the next immediate target could be $1000.

All Eyes on TOKEN6900 Presale

One of the best crypto presales to currently watch for in the market is the TOKEN6900. This project is positioning itself as a standout in the crowded crypto space by tracking real-world metrics like liquidity, GDP, oil reserves, and corporate earnings, offering a narrative that diverges from traditional token roadmaps.

Rather than promoting conventional utility, the project takes a tongue-in-cheek approach. “If you buy TOKEN6900 expecting utility, congratulations, you’re the utility,” the team states. The presale is being pitched less as a product launch and more as a high-volatility, high-attention spectacle.

Presale Snapshot:

  • Current price: $0.006675
  • Raised so far: $1,021,078.28
  • Hard cap: $5 million
  • End price: $0.007125
  • Ticker: TOKEN6900

The tokenomics reflect the project’s aggressive growth strategy: 40% of funds are dedicated to marketing, 10% to liquidity, 5% to staking rewards, with additional allocations for developer incentives and protocol development. Built for speed and attention, TOKEN6900 is aiming to make noise in both presale participation and post-launch visibility.

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