$BNB Binance Coin has demonstrated strong bullish momentum recently. It climbed from roughly $715 on July 18 to nearly $760 by July 20, reflecting a 6 % rise in the past few days before experiencing a minor pullback near $749.40 .
A significant driver behind this rally has been surging decentralized exchange (DEX) activity on the BNB Chain. Over the last 30 days, DEX volumes have soared past $191 billion—outpacing competing blockchains—and fueling increases above the $765 mark . Analysts attribute this to growing stablecoin adoption and monthly token burns exceeding $1 billion, which are reinforcing BNB’s deflationary supply dynamics .
Technically, BNB recently surpassed a long-standing resistance near $750 for the first time in over a year. The combination of rising open interest, improved market structure, and steady institutional inflows suggests bulls are firmly in control .
With ecosystem usage expanding—from DEX trades to stablecoin usage, fee utility, staking, and token-launch activity—BNB is demonstrating both strong fundamentals and technical strength. However, minor corrections around the $750–$760 band highlight that short-term volatility remains.
In summary:
📈 Recent price climb: $715 → $760+, slight pullback to $749
🌐 DEX boom: $191 B trading in 30 days
🔥 Deflation engine: $1 B+ tokens burned monthly