$BNB Binance Coin ($BNB) Overview
Binance Coin ($BNB) is a cryptocurrency that's part of the Binance ecosystem. As of today, July 23, 2025, the price of BNB is around $796.73, with a market cap of $105.93 billion.
Key Details on BNB
- *Current Price*: $796.73
- *Market Cap*: $105.93 billion
- *24-hour Trading Volume*: $13.61 billion (according to some sources), or $29.56 million (according to others)
- *Price Change (24h)*: +4.45% or +5.04%¹ ²
Use Cases and Utility
BNB has multiple use cases within the Binance ecosystem, including:
- *Trading Fee Discounts*: Using BNB to pay for trading fees on the Binance platform offers discounts.
- *Payments*: BNB can be used for payments via Monaco Visa and for buying virtual gifts on Uplive.
- *Decentralized Exchange*: BNB will be used as a key base asset and gas on Binance's future decentralized exchange.
Recent Developments
- BNB recently completed its *32nd quarterly burn*, worth approximately $1.024 billion.
- The cryptocurrency community is celebrating the *8th anniversary* of BNB.
