$BNB Here’s a detailed overview of BNB (Binance Coin) as of July 2025:
🪙 BNB (Binance Coin) Overview
AttributeDetailsTickerBNBLaunched2017 by BinanceCurrent Price~$585–$620 (mid-2025 estimate; varies daily)Market Cap~$90B+ (Top 5 crypto globally)BlockchainBNB Smart Chain (BSC) + Beacon ChainMain Use CasesTrading fee discounts, staking, BNB Chain gas fees, token launches, DeFi, NFTs
🔧 Utility of BNB
Trading Fee Discounts on Binance exchange.
Gas Token for BNB Smart Chain (BSC) and BNB Beacon Chain.
Staking and Yield Farming via platforms like Venus, PancakeSwap, and Binance Earn.
Participation in Binance Launchpad & Launchpool for new token sales.
NFT Purchases, DeFi protocols, and even real-world payments in some regions.
🔥 BNB Burn Mechanism
Quarterly Auto-Burns: BNB reduces its total supply over time, using a formula based on the BNB price and block activity.
Target Total Supply: 100 million BNB (initial: 200M).
Over 50% of BNB’s total supply has already been burned as of 2025, making it deflationary.
📈 Price Outlook & Factors Influencing BNB
FactorImpact🔹 Binance exchange growthDirectly boosts BNB demand🔹 DeFi/NFT activity on BSCHigher BNB usage & fees🔹 Binance legal statusRegulatory wins/settlements = bullish🔹 BNB burnsIncreases scarcity = long-term positive🔹 Market sentimentTied to BTC/ETH performance
🧭 BNB Price Prediction – 2025–2026 (Speculative)
ScenarioEnd of 2025 EstimateBearish$380–$450Neutral$600–$700Bullish$900–$1200+
Based on Bitcoin's continued