BNB just cracked $749 after a steady climb from the mid-$680s, trading on ~$2.12 billion in 24 h volume
. That kind of liquidity—with buyers quietly stepping in during brief pullbacks—signals patient accumulation, not reckless FOMO. Technicals remain constructive: support sits around $670, and breach of $760–$780 could ignite a fresh leg toward last year’s highs near $794.
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The real kicker? BNB Chain’s 32nd quarterly burn just incinerated 1.595 million BNB (≈ $1.02 billion) on July 10, tightening supply and underlining Binance’s deflationary commitment . Yet on-chain activity is no less impressive—daily active users and DEX volume continue to surge, meaning utility is fueling demand just as much as tokenomics.
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On the regulatory front, the SEC’s voluntary dismissal of its Binance lawsuit (with prejudice) has lifted a major overhang for both the exchange and BNB . Combine that with Nano Labs’ plan to accumulate up to $1 billion of BNB (first $50 million already snapped up) , and you’ve got credible institutional backing.
Bottom line: BNB’s rally feels mature—underpinned by burns, usage growth, cleaner regulatory skies, and real money building positions. If you believe in Binance’s revamped ecosystem, $800+ is now squarely on the table.