#BinanceCoin (BNB) is trading at $615.97, down ~2.3% in the last 24 hours. Intraday range: $602 – $635.
🏦 What's happening?
BNB has gained ~11% over the past month, breaking out above key levels like $670–700, signaling bullish strength reddit.comwatcher.guru+6blockenza.com+6research.ixfi.com+6.
On‑chain metrics show strong network activity: over 100M transactions/week, $14B daily DEX volume, and $6.1B TVL in the Binance Smart Chain ecosystem blockenza.com.
Binance’s quarterly token burns continue—31st burn removed ~$916 million worth (~1.57M BNB), part of the plan to halve supply—supporting scarcity and value potential coinpedia.org+6research.ixfi.com+6fxleaders.com+6.
📈 Technical Insight
BNB recently broke out of a symmetrical triangle, eyeing resistance near $700, and potentially $750–800 if momentum holds reddit.com+15blockenza.com+15reddit.com+15.
Support sits around $650, while bulls target $700+ in the short term blockenza.com+7reddit.com+7reddit.com+7.
SEC’s legal resolution and upgraded network (real-time burns) boost investor confidence and altcoin season optimism litefinance.org+15coinpedia.org+15reddit.com+15.
Binance Smart Chain’s rapid DeFi expansion and token utility continue fueling demand reddit.com+8fxleaders.com+8coinculture.com+8.
💬 Sample Post for Binance Square
pgsqlCopyEdit### 🚀 BNB Update | June 23, 2025
**$BNB** is trading at **$615.97**, off ~2.3% today, but **+11% over the past month**.
🔹 **Key highlights:**
• Breakout above triangle – targeting $700+
• Strong on‑chain activity: ~100M tx/week, $6.1B TVL
• Quarterly burns removing ~1.6M BNB (~$916M)
🔹 **Next moves to watch:**
• Resistance at **$670–700**, breakout may open path to $750–800
• Support around **$650** as a key base
Is BNB gearing up for the next altseason? Let’s hear your take👇
#bnb #BinanceCoin #Crypto #BinanceSquare