As of February 25, 2025, the token $BNB BNB (Binance Coin) is trading at a price of $623.88, which is 1.21% lower compared to the previous day.

Earlier, in December 2024, BNB reached an all-time high, exceeding the $700 mark. However, in November 2023, the founder of Binance, Changpeng Zhao, stepped down as CEO after settling claims from the U.S. Securities and Exchange Commission (SEC). Subsequently, in February 2025, the Federal Inland Revenue Service of Nigeria (FIRS) filed a lawsuit against Binance for $81.5 billion, accusing the company of tax evasion and money laundering.

These events significantly impacted the price dynamics of BNB, causing increased volatility in the market.