$BNB

**BNB (Binance Coin) Analysis**

**Current Price (July 23, 2025)**: ~$763-$769 USD, with a recent all-time high of $808.41. Market capitalization: ~$106-$107 billion. Trading volume (24h): ~$3.8-$4.0 billion.

**Fundamental Context**:

- **Ecosystem**: BNB is the native token of Binance, used in BNB Chain, fee discounts, DeFi, and payments.

- **Token Burn**: Quarterly reduction of supply (~139.29M of 200M initial), creating deflationary pressure.

- **Adoption**: Growth in BNB Chain (dApps, NFTs), BNB Greenfield, and institutional adoption.

- **Risks**: Regulation (SEC, Philippines) and competition (Ethereum, Solana).

**Technical Analysis**:

- **Trend**: Bullish, with BNB above key EMAs. RSI ~54.35 (neutral).

- **Supports**: $659.67-$700. **Resistances**: $685.15, $720, $760.

- **Patterns**: Break of 6-month downtrend, possible consolidation after all-time high.

**Projections**:

- **Short Term (10 days-3 months)**: $649-$796.

- **Medium Term (2025)**: $510-$1,275.

- **Long Term (2030-2040)**: $1,832-$6,380.

- **Key Factors**: Token burns, ecosystem adoption, and crypto market rally.

**Recommendations**:

- **Short Term**: Buy at supports ($650-$700), sell at resistances ($720-$760).

- **Medium/Long Term**: HODL to benefit from burns and adoption. Accumulate on corrections.

- **Risks**: Volatility, regulation, competition.

- **Platforms**: Binance, Coinbase, Kraken, eToro.

**Conclusion**: BNB has strong bullish potential due to its ecosystem and token burns (DYOR)