$BNB

As of today, July 11, 2025, BNB (Binance Coin) is trading around $689-$695 USDT, showing a slight positive movement over the last 24 hours. Over the past week, BNB has seen a 3-4% increase, and a 1-month increase of around 3%. Its market capitalization stands at approximately $101.5 billion.

Recent news includes the completion of its 32nd quarterly token burn, which removed over 1.5 million BNB (worth over $1 billion) from circulation, further strengthening its deflationary model. Institutional interest is also noted, with Nasdaq-listed Nano Labs confirming a $50M BNB purchase and a larger $1B target. Technical analysis currently indicates a "strong buy" signal, with BNB in a medium-term rising trend channel. However, it's currently testing resistance around $690.