$BNB BNB (Binance Coin) July 2025

Current Price: ~$691

7-Day Performance: +5% (lagging behind broader market gains)

Main Use: Powers the BNB Chain (gas fees, DeFi, NFTs), and offers discounts/benefits on Binance Exchange

Recent Upgrades: Faster transaction speeds and improved scalability

Burn Mechanism: Regular token burns reduce supply (aiming for 100M total supply cap)

Market Cap: ~$96 billion (Top 5 crypto)

Outlook:

Bullish Potential: Could push toward $900–1,000 if momentum continues

Risks: Regulatory pressure and concerns about centralization

Bottom Line:

BNB is a major utility token with strong fundamentals, but its success is closely tied to Binance’s global standing and regulatory environment.