$BNB

The current market standings for Binance Coin (BNB) are:

- *Current Price*: $689.88, with a 24-hour trading range of $680.95 to $694.51

- *Market Capitalization*: $100.65 billion, ranking #5 among cryptocurrencies

- *Circulating Supply*: 145.89 million BNB coins, out of a maximum supply of 200 million

- *24-hour Trading Volume*: $1.36 billion

- *Price Change*:

- *1-hour*: +0.01% to -0.1%

- *24-hour*: -0.63% to -1.06%

- *7-day*: +5.24% to +5.47%

- *30-day*: +6.34% to +6.37%

- *1-year*: +28.67% to +29.13%

Some notable developments in the BNB market include:

- *Maxwell Hard Fork Upgrade*: BNB Chain has completed the Maxwell Hard Fork upgrade, reducing block time to 0.75 seconds and improving network efficiency.

- *Investment and Adoption*: Nano Labs has purchased 74,315 BNB tokens for $50 million, expanding its digital asset reserves to approximately $160 million.

- *Treasury Company*: Changpeng Zhao's YZi Labs and 10X Capital are launching the BNB Treasury Company to enhance institutional interest in BNB, aiming for a US IPO.