#binance #Write2Earn #bnb

šŸ”§ 1. BNB Chain ā€œFusionā€ Upgrade

• Binance and BNB Chain are moving forward with the ā€œBNB Chain Fusionā€ upgrade. This will decommission the legacy BNB Beacon Chain (BEP‑2) and consolidate its functionality into BNB Smart Chain (BEP‑20), simplifying the ecosystem architecture ļæ¼.

• Binance.US confirmed full support: BEP‑2 deposits will be halted (as of April 25, 2024), and any staked BEP‑2 tokens were smoothly migrated to BEP‑20 without user action ļæ¼.

What this means for users: Going forward, all BNB activity, staking, and token interactions will operate solely via the BEP‑20 protocol—no need to worry about the old BEP‑2 chain.

šŸ’µ 2. Recent Price Surge & Wallet Upgrade

• BNB has surged ~24% in the past month, reaching around $807–$808 ļæ¼.

• This uptick aligns with a wallet infrastructure upgrade from Binance, intended to improve security and performance, though it briefly paused withdrawals during rollout ļæ¼.

šŸ“Š 3. Market Snapshot & Technical Moves

• Current trading range: ~$803–$807, with some volatility between $785 and $813 in recent hours ļæ¼.

• All-time high: Approximately $859, hit on July 23, 2025 ļæ¼.

• Market cap: Around $112 billion, making BNB consistently the 5th‑largest crypto by market value ļæ¼.

• Supply: Circulating supply is ~139.3 million BNB, on its way toward the deflationary target of <100 million via quarterly burns ļæ¼.

🧭 4. Broader Ecosystem & Sentiment

• Recently, CZ’s net worth was estimated at around $75 billion, driven by BNB’s market performance and its New High of ~$850–855 in late July ļæ¼.

• The market is in a re-ā€œrepricingā€ phase, with volatility expected due to macro factors like Fed policy and massive options expirations (~$4.1B in BTC/ETH options) ļæ¼.

• Some social commentary suggests consolidation support forming around $779–780, though further dips to $750–765 are possible if liquidations kick in ļæ¼.

$BNB

$SOL

$XRP