Cryptocurrency products daily trading volume reaches $588 million

As of July 29, 2025, the daily increase of Cryptocurrency products (NASDAQ: Cryptocurrency products) stock price expanded to 789.78%, quoted at $78.968, with a market value of $66.4392 million and a daily trading volume of over $588 million, becoming the focus of the market69.

1. Analysis of the reasons for the surge

$500 million BNB Treasury Plan:

Cryptocurrency products announced that it would jointly raise $500 million in private equity with 10X Capital and YZi Labs, and plans to use 98% of the funds raised to purchase BNB (Binance Coin) to create the world's largest publicly listed BNB Treasury company10.

This strategy imitates MicroStrategy's Bitcoin holding model, but focuses on the BNB ecosystem to attract institutional funds10.

Support from institutional investors:

Including crypto giants such as Pantera Capital and Blockchain.com to participate in the investment, the market expects that the plan will enhance the institutional adoption of BNB10.

Potential Short Squeeze:

Due to the small circulation of Cryptocurrency products (market value of only about 8 million US dollars), a large number of short positions were forced to close, further pushing up the stock price10.

2. Market impact

BNB price rose in tandem:

BNB rose 1.77% on the day, quoted at $834.40, and its market value remained the world's fourth largest cryptocurrency12.

Source:BTC official stock platform  https://www.cnjiaxiao.com/category-BTC%20official%20stock%20platform.html

Source:ETC official stock platform  https://www.cnjiaxiao.com/category-ETC%20official%20stock%20platform.html

Source:Cryptocurrency financial products  https://www.cnjiaxiao.com/category-Cryptocurrency%20financial%20products.html

Crypto concept stock boom:

The "crypto treasury" model similar to MicroStrategy (MSTR) has been sought after by the market, and institutions have begun to explore similar strategies for ecosystems such as Ethereum and Solana9.

3. Risk warning

High volatility: Cryptocurrency products previously had extremely low market value, and may experience a sharp correction after a single-day surge10.

Regulatory uncertainty: If the US SEC strengthens its review of the crypto asset treasury model, it may affect the progress of subsequent financing9.

For more detailed market analysis, please refer to Decrypt or BlockBeats related reports.