$BNB Catch up on the latest for BNB! Nano Labs recently acquired 74,315 BNB tokens in an OTC deal worth approximately $50 million, significantly expanding their digital asset reserves. This move is part of their long-term strategy to accumulate up to $1 billion in BNB, with intentions to hold a substantial portion of its circulating supply.

Meanwhile, BNB Chain continues to show strong activity, particularly in the DEX space, accounting for over 40% of global DEX trading volume. Price-wise, BNB has been holding above key support levels around $650, with analysts eyeing potential for further gains towards the $670-$700 range. The network also extended its Gas-Free Carnival for USD1 and USDT transfers until July 31, enhancing user utility.