$BNB Binance Coin (BNB) is trading near $692, up slightly today, following a surge above $700 on July 11 after Binance’s 32nd quarterly burn removed 1.6 million BNB (~$1 billion), reinforcing scarcity . Network upgrades—including Maxwell and Fast Finality—have cut block times to ~0.75 s and slashed confirmation latency by 83%, boosting DeFi usage and daily transactions . The “Zero‑Fee Carnival” continues through July 31, eliminating gas fees for USDT/US Dollar‑pegged transfers and spurring on‑chain activity . Institutional momentum is strong: Nano Labs plans a $1 billion BNB acquisition, and its stock even doubled on the announcement . Analysts now forecast BNB reaching $1,000+ by year‑end, as tighter supply, enhanced utility, and favorable U.S. regulatory clarity fuel long‑term confidence .