Binance Coin (BNB) is experiencing dynamic movements in the cryptocurrency market. According to data from July 8, 2025, the price of BNB is approximately $619.61 (€538.09), reflecting stabilization above key support levels, as indicated by posts on platform X. Analysts suggest the possibility of a breakout upwards, with potential price targets between $700 and $900, if bulls maintain pressure and a trend reversal occurs. The trading volume over the last 24 hours was around $1.39 billion, representing a decrease of 2.7% compared to the previous day. The market capitalization of BNB reaches $92.09 billion with a circulating supply of 140.89 million tokens. The community remains optimistic, and Binance's regular token burns support the deflationary nature of the cryptocurrency, potentially increasing its value. BNB, as the native token of the Binance ecosystem, is used for transaction fees, staking, and participating in token sales on Binance Launchpad, enhancing its utility.$BNB