$BNB update today.
📊 Price & Market Snapshot (as of July 29, 2025)
Price: Approximately $824.11 USD, showing a slight intraday dip of around –3.6%.
Trading range today: High of $854.75, low around $816.61.
Market cap: Estimated around $108 billion to $109 billion, with circulating supply near 139.3 million BNB. The fully diluted market cap is in the $155–156 billion range.
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🚀 Recent Developments & Network Activity
Maxwell Upgrade on BNB Smart Chain
Binance's Maxwell hard fork, recently activated, enhances BNB Chain’s scalability and validator sync performance. This upgrade has fueled bullish sentiment and supports price momentum toward new yearly highs.
Institutional Inflows & Treasury Interest
Investor demand for BNB is rising in corporate treasuries. Chinese Nano Labs recently raised $500 million for BNB acquisition, aiming to hold up to 10% of supply. Other fund managers are rallying to raise over $100 million by the end of the quarter. Additionally, new filings for a spot BNB ETF in the U.S. are bolstering confidence in institutional investment.
Technical Sentiment
Some analysts warn BNB is approaching key resistance at around $800–830, with potential risk if the $640 support level is breached. Should a breakdown occur, a drop toward $510–560 is possible. Conversely, continued institutional accumulation and technical strength suggest a run toward $1,000 remains plausible.
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🔍 Market Insight Summary
Factor Impact on BNB
Technical Upgrades Maxwell fork supports performance growth
Institutional Demand Adds sustained upward pressure
Technical Resistance $800–830 is critical overhead zone
Key Support Level $640; failure could lead to pullback
