$BNB BNB, as the core token of the Binance ecosystem, currently ranks high in market capitalization and shows stable performance. In July 2025, the price of BNB is approximately $768.84, with an annual increase of over 668,481%, benefiting from the high trading volume of the Binance exchange, low fees and high throughput of the BNB chain, and the quarterly burn mechanism reducing supply. The Binance ecosystem has expanded into DeFi, NFT, and other fields, with a TVL of $7.2 billion and strong on-chain data. However, Binance faces global regulatory pressure, such as anti-money laundering charges in the United States, which affects long-term stability. Nevertheless, the technology upgrades of the BNB chain and enterprise adoption (such as Windtree and Nano Labs accumulating BNB) enhance market confidence. In the short term, BNB is expected to maintain its top five position due to the bull market and Bitcoin's rise, but regulatory risks and market volatility must be monitored. If Binance continues to innovate and address regulatory challenges, the probability of BNB stabilizing in the top five is high.