Binance Coin $BNB
is a decentralized digital asset issued by Binance, with a fixed supply of 200 million. BNB is burned quarterly based on trading volume, with transparent records until the supply reduces to 100 million. It's used to offset transaction fees (up to 50% discount), enable payments via Monaco Visa, and purchase virtual gifts on Uplive. BNB ranks within the top 20 cryptocurrencies globally, peaking at top 10, and is supported by users worldwide ¹.
Recent News and Updates$BNB
- Windtree Therapeutics Investment: Windtree Therapeutics plans to invest up to $520 million in BNB cryptocurrencies, with 99% of the funds directed towards acquisitions. This strategy aims to diversify its balance sheet and enhance shareholder value.
- Nano Labs Investment: Nano Labs has increased its BNB holdings to 128,000 coins, with a total value exceeding $108 million based on the current market price of $850 per coin.
- CEA Industries and 10X Capital Partnership: CEA Industries and 10X Capital conducted a $500 million private sale to establish a BNB treasury, with over 140 participants, including several well-known investment institutions.
- Find Mining Integration: Find Mining has launched the “Pay with BNB” feature, enabling users worldwide to access mainstream crypto mining services using BNB.
- MyShell Partnership: MyShell has launched ShellAgent 2.0, an AI tool in partnership with BNB Chain that allows users to create functional AI applications with ease ² ³ ⁴.
Market Performance
- Current Price: The current price of$BNB is around $759.9, with a 24-hour trading volume of $28.55M and a market cap of $105.84B.
- Market Dominance: BNB has a market dominance of 2.67%, with a fully diluted valuation of $151.98B.
- Price Predictions: Analysts predict BNB's price could reach $1,631.97 by 2030, offering a potential +71.00% return from today's price ².
Other Developments
- PancakeSwap: With over 54.59 million users and $1.90 trillion in trading volume on the BNB Chain, PancakeSwap remains the top decentralized exchange by TVL.
- DeFi Growth: According to Grand View Research, DeFi is projected to grow at a compound annual growth rate of over 53% from 2025 to 2030, reaching over $231 billion by 2030 ³ ¹.