Binance Coin ($BNB ) is currently trading around $730–$734, demonstrating strong bullish momentum bolstered by recent developments:
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🚀 Key Drivers & Market Outlook
• Massive $1 Billion Token Burn
On July 10, 2025, Binance executed its 32nd quarterly $BNB burn, removing approximately 1.6 million $BNB (~$1 billion) from circulation. Historically, these burns reduce supply and act as a catalyst for price increases .
• Infrastructure Upgrades on BNB Chain
Mid‑July upgrades now enable up to 5,000 DEX swaps per second and increased gas limits—boosting utility and ecosystem usage .
• Broader TradFi Rollouts
A partnership with Ondo Finance to tokenize U.S. stocks and ETFs on BNB Chain signals greater institutional and crossover adoption .
• ERA Airdrop Incentive
Holding BNB grants access to a 20 million ERA token airdrop, which adds holding pressure and ecosystem engagement .
• Swift Response to Exchange Breach
A $27 million hack at BigONE affected BNB, but quick reimbursements kept broader sentiment intact.