BNB (Binance Coin) – Recent Update (as of April 12, 2025):
Current Price:
$590.03 USD
Change: +0.01% from the previous close
High/Low (24h): $590.97 / $581.24
Market Activity:
In February 2025, BNB surged above $650 (15% gain in a week).
Binance liquidated $5.9 billion in BTC, ETH, and SOL but held onto most of its BNB.
Token Burn:
29th quarterly burn completed.
($1.07 billion USD).
Goal: reduce total supply to 100 million tokens.
Network Upgrades:
BNB Chain improved transaction speed and user experience.
Technical Indicators:
MACD and Awesome Oscillator show bullish momentum.
However, trading volume has slightly decreased.
