$BNB Current Market and Price

• BNB is trading at approximately $770–771, almost unchanged over the past day (+0.01%).

• In the last day, it dropped to ~$748, previously reaching a maximum of around $780.

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⚙️ Technical and Fundamental News

1. Pullback after a failed breakout

BNB could not hold above $780, dropped by ~1.5%, and then recovered, maintaining support around $760–770.

2. Maxwell hardfork and token burn

The Maxwell update reduced the block time to ~0.75 seconds, speeding up the network, and about 1.6 million tokens were removed in the latest quarterly burn.

3. Institutional Purchases

Nano Labs is increasing its positions — holding 120,000 BNB (~$90 million), and previously announced plans to buy BNB worth $1 billion — which supports the token price.

4. Network Initiatives and DeFi

• The “Zero Fee Carnival” promotion has been extended until July 31: no fees for USDT and USD1 transactions on the BNB network.

• Launch of tokenized stocks/ETFs on BNB via Kraken and Backed Finance — expanding ecosystem usage.