$BNB

BNB Price (May 5, 2025):

BNB is trading around $598, with a market cap of $83.5 billion.

Market Analysis:

Analysts see a triangle pattern on the chart, suggesting a possible breakout. If it breaks upward, it could reach $617 or $644.

Big News:

VanEck filed for a $BNB ETF in the U.S., which could bring more investors.

The ETF may include staking rewards.

Binance continues regular BNB burns to reduce supply and support long-term value.

BNB Uses:

Discounts on Binance trading fees

Gas fees on BNB Chain

Joining new token sales

Used in DeFi apps

Accepted for some online payments

step by step buying