$BNB

UPDATE on BNB (Binance Coin) as of July 12, 2025:

🚀 BNB Snapshot

Price: ~$689.84 USD (+0.7% over 24h), nearing all-time highs

24h Volume: ~$1.35 B (~2% of market cap)

Market Cap: ~$95–100 B

🔥 What’s Fueling BNB

1. Token Burn & Deflationary Pressure

1.6 M BNB burned (~$1 B value), reducing supply and pushing price above $670

2. Institutional Uptake

BNB Treasury Co. preparing for U.S. stock listing; corporate treasuries accumulating

3. Network Growth & Utility

“Zero Fee Carnival” extended to July 31, boosting gas use

Kraken and Backed Finance launching tokenized stocks (xStocks) on BNB Chain

4. Technical Setup

Trading above all major SMAs/EMAs (~$660) with bullish MACD & RSI

Resistance zone at ~$700–720; next target range up to ~$750–793 (ATH)

📈 Trade Plan

Strategy Price Range

Buy the Dip $670 – $680

Breakout Above $700

Target Range $720 → $750+

Stop-Loss Below $660

➡️ DYOR .

PLEASE FOLLOW , Like and Share for more information and updates.