As of January 24, 2025, BNB is trading at $689.94.
Key events:
- Quarterly token burn: The BNB Smart Chain team has completed another quarterly burn, removing 1.63 million BNB worth $1.16 billion from circulation. This event aims to reduce the total supply and potentially increase the value of the remaining tokens.
- Partnership with Google Cloud: BNB Chain announced a collaboration with Google Cloud, allowing developers to utilize cloud services for creating and deploying decentralized applications, enhancing the efficiency and scalability of BNB-based projects.
- Regulatory achievements: Binance received permission from the National Agency for Prospective Projects of Uzbekistan (NAPP) to operate in the country, expanding its presence in Central Asia and strengthening BNB's position in the global market.
These events highlight the active development of the BNB ecosystem and its commitment to innovation and expansion into new markets.
