PANews July 28 news, according to Cointelegraph, the market value of BNB held by Binance co-founder Zhao Changpeng (CZ) has exceeded US$75.8 billion, as the price of BNB tokens rose to an all-time high of US$850.70 on Monday. Analysts said that the rise in BNB prices was mainly affected by multiple factors such as token destruction, rising on-chain data and "whale" purchases. Forbes June 2024 report shows that CZ holds 64% of the total circulating BNB, about 89.1 million. Recently, BNB chain TVL, stablecoin market value and PancakeSwap transaction volume have all hit 2025 highs, and on-chain demand and "whale" wallets continue to increase holdings. The BNB chain team launched the Maxwell upgrade on June 30, which improved block speed and network performance. In addition, BNB's ongoing token destruction plan is also believed to help push up prices. Forbes data shows that CZ ranks 23rd richest person in the world with a net worth of US$71 billion.