$BNB Traders
Price Action BNB hovers near **$220**, defying market turbulence despite Binance’s $4.3B DOJ settlement and CZ’s departure. Short-term sentiment remains cautious, but fundamentals shine.
**Ecosystem Strength:** Binance Smart Chain (BSC) anchors DeFi with **$4B+ TVL**, powered by giants like PancakeSwap. Upcoming upgrades target cross-chain efficiency and scalability—bullish for adoption.
**Tokenomics Edge:** Q3’s **2.14M BNB burn** (~$500M) underscores its deflationary design. Supply squeeze could amplify gains in a bullish cycle.