$BNB Latest developments: July 2025

Recent price movement

The BNB coin has surpassed the critical resistance level of $720, reaching a daily high of $765.56. The current price is around $762.09, marking a significant daily increase. This rise is supported by fundamental factors, including the Maxwell network update, quarterly token burns, and institutional adoption initiatives.

Key developments

Token burn:

The Binance platform has completed its thirty-second quarterly token burn, resulting in the removal of 1,595,599 BNB tokens valued at approximately $1.02 billion from circulation. Historically, this deflationary mechanism has led to positive price movements by reducing supply and creating scarcity.

Infrastructure upgrades:

The BNB chain announced comprehensive upgrades to its infrastructure designed to support up to 5000 decentralized exchanges per second, with a significant increase in block gas limit. These improvements make the BNB chain a more competitive alternative to Ethereum and other tier-one blockchains.

Strategic partnerships:

Kraken and Backed Finance have expanded their currency range on the xStocks platform by integrating the BNB chain, broadening the use of BNB beyond traditional cryptocurrency applications. Nano Labs has also increased its strategic reserve of BNB to $90 million, after acquiring an additional 45,684.9862 BNB units.

Market forecasts

Short term:

Expect stability between $720 and $765 as the market absorbs recent gains.

Medium term:

The target price range is between $780 and $820, supported by increased institutional adoption following the US listing announcement, and continued performance benefits resulting from the Maxwell upgrade.

Long term:

The convergence of technological innovation, institutional adoption, and ongoing deflationary pressures contributes to BNB's position as a leading currency in the current cryptocurrency market, with the potential for sustainable superior performance through 2025.

Institutional adoption

Listing plans in the United States:

The Treasury Company announced its plans to list on a major exchange in the United States. The US securities exchange represents a groundbreaking development for institutional adoption.