$BNB

$BNB BNB on Brink of New All-Time Highs: What's Behind the Momentum?

Current Price: As of July 22, 2025, BNB is at about $760 - $762 USD.

BNB, the native token of the Binance ecosystem and BNB Chain, is exhibiting substantial bullish momentum and is presently trading close to its all-time high level of about $793, which was established in December 2024. This follows on a larger rally in the altcoin market with Ethereum, XRP, and Solana also recording substantial gains.

Key Drivers and Technical Indicators:

Strong Weekly Close: BNB just closed at an all-time weekly high of $756.82, a 9.37% increase in the last week.

Erupting Open Interest: BNB futures' Open Interest (OI) has risen to an annual high of $1.05 billion, reflecting more capital flowing into the market and investor confidence.

Ecosystem Evolutions: Recent network improvements, strategic alliances (such as the pairing with Ondo Finance to facilitate tokenized U.S. stocks/ETFs), and continuous token burns are underpinning BNB's price gain with solid fundamental force.1 The 32nd quarterly burn on July 10th offloaded 1.59 million BNB ($1.02 billion) from the supply, toward its deflationary objectives.2