$BNB Recent Performance Highlights

Q2 Recap: BNB traded mostly in a wide range between $520 and $620, mirroring overall crypto market sentiment which was cautious due to global regulatory developments.

Key Drivers: BNB price movement is strongly tied to Binance exchange activity, trading fees (which drive BNB burns), and the expansion of the BNB Chain ecosystem.

The most recent BNB burn event in April removed over 1.8 million BNB from circulation, maintaining its deflationary appeal.