May 3, 2025 by Abbas111555
BNB (Binance Coin), the native token of the Binance ecosystem, faces mixed developments in last few years. While it remains a top cryptocurrency by market cap, Binance and BNB have been under intense regulatory checks. In June, the U.S. SEC sued Binance, alleging unregistered securities offerings, including BNB. This resulted in short-term price volatility, though BNB has shown come back, trading figures near $240–$250 despite odd circumstances (in July 2023).
On the upside, Binance started increasing BNB’s utility. The BNB Chain launched a data storage network called "BNB Greenfield," a decentralized data, and increased scalability through BEP-336 upgrade. In the meanwhile, Binance’s quarterly BNB token burn (1.9 million tokens in Q2) aims to append up scarcity.
Analysts views that regulatory threats remained, but BNB’s ecosystem growth and dominance in decentralized trading (e.g., Pan cake Swap) remained uotrend investor interest. Stay updated via Binance’s official channels for real-time developments.