$BNB 📈 BNB Price Update: July 23, 2025 🚀

On July 23, 2025, Binance Coin (BNB) has consolidated its position, trading at $783 USD after reaching an all-time high of $809. The BNB Chain reported a 198% increase in transactions, pushing the market capitalization to $107.14 billion, keeping BNB as the fifth largest cryptocurrency. 💸

Institutional adoption continues to be a key driver, with significant purchases such as the 120,000 BNB acquired by Nano Labs. Despite a 0.43% drop in the last 24 hours, the trading volume exceeds $3.83 billion, according to Coinbase. Technical indicators, such as the RSI at 87.87, suggest a possible consolidation before new advances. 📉

Analysts project a range of $780-$820 for August, with critical support at $742. If the bullish momentum persists, BNB could approach $1,000 in 2026, supported by quarterly burns and network improvements. 🌐