Binance Coin (BNB) is currently trending positively. Here are some key points about its trend today[¹](https://finnhub.io/?q=BNB) [²](https://www.binance.us/price):

- *Current Price*: $617.42 USD, with a slight increase from the closing price of $611.95 on May 8, 2025

- *Daily Change*: +1.85% with a daily high of $616.72 and a daily low of $596.79

- *Market Capitalization*: $86.94 billion USD

- *Trading Volume*: $14.31 billion USD in the last 24 hours

Some analysts predict that Binance Coin will continue its upward trend, with potential targets at $620 and $644. However, others caution that sellers may challenge this rise, and a drop to $520 is possible if the price falls below $576.[³](https://www.tradingview.com/symbols/BNBUSD/)

The recent surge in Binance Coin's price is attributed to increased investor interest and broader market recovery, fueled by MGX's $2 billion investment in the crypto exchange. This investment has boosted investor confidence, leading to a 15% surge in BNB's price over the past 48 hours.[⁴](https://coingape.com/trending/why-is-the-binance-coin-bnb-price-rising-today/)#BTCtrade #TradeStories #StripeStablecoinAccounts #BTCBreaks99K #FOMCMeeting $BTC $ETH $XRP