$BNB

Here's a concise 100-word overview of **BNB (Binance Coin)**:

- **Current Status**: Trading at **$770.10** (as of July 23, 2025), with a **$107.4B market cap** (ranked #6 globally). Up **26.6%** over 30 days and nearing its all-time high of **$793.20** .

- **Utility**: Powers the **BNB Chain ecosystem**, used for transaction fees, staking, governance, and discounted trading on Binance. Supports DeFi, CeFi, and real-world payments (e.g., travel, e-commerce) .

- **Tokenomics**: **139.3M BNB** circulating, with an auto-burn mechanism reducing supply toward **100M** .

- **Outlook**: Analysts project **$1,275 by late 2025** (Standard Chartered) and **$1,100–$5,000+ by 2030–2050**, though RSI (83.49) suggests short-term overbought conditions .

BNB combines ecosystem utility with aggressive deflationary mechanics.