$BNB *Pair of BNB Coins*

Here is an update on BNB (Binance Coin) as of today, July 8, 2025:

Current Price:

* 1 BNB is approximately 661.33 USD.

Recent News and Updates:

* Cross-Chain Flows: In the last 7 days, the bridges between BNB Chain have experienced a net inflow of 1.008 billion dollars, while Ethereum has seen a net outflow of 986 million dollars.

* Acquisition by Nano Labs: The Chinese company Nano Labs has initiated a BNB reserve plan for 1 billion dollars, with a first purchase of 50 million dollars in BNB. Their goal is to acquire between 5% and 10% of the circulating supply of BNB.

* Maxwell Update: The Maxwell update of BNB Smart Chain has been successful, reducing block times to 0.75 seconds, which is expected to boost chain performance.

* Blocking in Turkey: Turkey has blocked PancakeSwap and 45 cryptocurrency websites due to "unauthorized crypto activity."

* Launches on Bitget Onchain: Bitget Onchain has launched the Liberty and CROSS tokens.

* USD1+ Fund on BNB Chain Testnet: Lorenzo Protocol has launched the USD1+ fund on the BNB Chain test network, seeking pioneers in real yield funds on-chain based on USD1.

Market Context:

* BNB remains one of the leading cryptocurrencies by market capitalization.

* The primary utility of BNB focuses on the Binance ecosystem, including discounted trading fee payments on the platform, and its use in various applications within BNB Chain.

Please note that the cryptocurrency market is volatile and prices can change rapidly.