The recent price of $BNB has broken through $740 (as of July 21), approaching its historical high (ATH), with multiple accounts predicting it will hit $1000.

On July 11, it surged alongside Bitcoin, but on July 16, it collectively plunged, with a single-day drop exceeding 5%.

It is listed as one of the mainstream cryptocurrencies with 'high certainty to break historical highs', alongside BTC and ETH.

Ecosystem Dynamics

Binance founder CZ plans to promote BNB staking to obtain a golden visa (following the Toncoin model).

Community Activities: Strategies such as holder voting for new listings and new arbitrage are gaining attention.

Controversies and Risks

Centralization Issues: Users joke that 'holding BNB is like having your testicles controlled by Zhao Changpeng (CZ).'

Some investors believe that platform tokens have become a burden for exchanges, with doubts about valuation and practical value.