$BNB BNB is showing tight consolidation between $657 and $662 on the 1H chart. Buyers are trying to reclaim control, but repeated rejections near $662.40 suggest short-term resistance. A confirmed breakout above $663 could open room toward $670+. If rejected again, expect a dip back to $656–$658 range for a scalp.
No trade yet — watch for breakout or breakdown confirmation before entry.the Night Before the Surge of $BNB ? The $1500 Prediction is About to Come True, Has the Binance Empire's "Nuclear Button" Been Activated?
Bitcoin is consolidating at high levels, Ethereum is hindered by Layer 2, and the focus of the global crypto market is shifting towards BNB. In July 2025, BNB surged 8% in a single day, with trading volume exceeding $13.8 billion and prices approaching $670. Binance Chain announced a "$1 billion ecosystem incentive plan", and analysts are calling out a "$1500 target price". What is the logic behind BNB's surge, from fee discount vouchers to crypto "hard currency"?
BNB uses an "automatic burn mechanism", destroying tokens quarterly based on trading volume, reducing the total supply from 200 million to 100 million. As of May 2025, 61.11 million tokens have been burned, continuously strengthening its scarcity.
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