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BNB

BNBUSD
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747.400
+8.200+1.11%
TradingKey Chart
Time
1m
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30m
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W
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D

Today

+1.11%

5 Days

+2.86%

1 Month

-2.61%

6 Months

+18.09%

Year to Date

-13.46%

1 Year

-33.35%

Key Data Points

Opening Price

739.600

Previous Closing Price

739.200
Price Range of the Day
732.100752.300
52-Week Price Range
535.3001145.800
Recent
Analysis
BNB (BNBUSD) Fluctuated Significantly on Oct 27: Key Variables Behind the Move

• BNB showed resilience following the Nasdaq debut of BNB Standard. • The 37th quarterly token burn tightened circulating supply. • Technical indicators show neutral MACD and RSI readings.

TradingKey13 minutes ago
BNB (BNBUSD) Is up 1.23% on Oct 25: Key Drivers to Watch

• BNB Chain completed its 37th quarterly auto-burn, removing 1.64 million tokens. • Network adoption expanded in tokenized real-world assets, decentralized exchange activity, and fees. • The MACD indicates a sell signal while RSI and Williams %R remain neutral.

TradingKeySun, Oct 25
BNB (BNBUSD) Suddenly Goes up 1.58% on Oct 24: What You Need to Watch

• Futu Securities launched direct BNB deposit and withdrawal services for qualified investors. • The 37th quarterly auto-burn permanently retired over 1.64 million BNB tokens. • Technical indicators show a MACD sell signal and a neutral RSI reading.

TradingKeySat, Oct 24
BNB (BNBUSD) Volatility Intensified on Oct 23: What You Should Know

• BNB capital inflows are sustained by the 37th quarterly auto-burn. • The upcoming Jenner hard fork bolsters network throughput and commercial adoption. • Corporate treasury entities are expanding balance-sheet allocations and validator infrastructure.

TradingKeyFri, Oct 23
BNB (BNBUSD) Suddenly Goes up 1.00% on Oct 21: What You Need to Watch

• The 37th quarterly auto-burn removed 1.65 million tokens, reinforcing scarcity dynamics. • Corporate treasury entities prepared for listings to scale institutional BNB holdings. • The MACD indicated a sell signal while the RSI remained neutral.

TradingKeyWed, Oct 21
BNB (BNBUSD) Is up 1.45% on Oct 20: Why It Happened

• Technical oversold conditions and short covering drove capital inflows back into BNB. • New EVM-compatible architecture developments reinforced long-term demand drivers for the token. • Corporate treasury adoption and validator staking helped lock up floating token supply.

TradingKeyTue, Oct 20

BNB Technical Analysis

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Technical Indicators
Buy
Summary
Buy
Moving Average
Strong buy

About BNB

Launched in July 2017, Binance is the world's largest cryptocurrency exchange by daily trading volume. It aims to position cryptocurrency exchanges at the forefront of global financial activity. The name "Binance" is derived from "Binary Finance," reflecting this new paradigm in global finance. Beyond its exchange services, Binance has developed a comprehensive ecosystem for its users. This includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects, all leveraging blockchain technology to advance modern finance. Binance Coin (BNB) plays a crucial role in the successful operation of many of these sub-projects.

What makes BNB unique?

BNB is unique because it is part of a broader Binance ecosystem that includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects. BNB powers many of these Binance sub-projects, making it an integral part of the Binance network. Binance's drive for continuous development and its status as the leading crypto exchange in multiple countries give it a significant competitive advantage. Measures like the BEP-95 upgrade, which made BNB more deflationary by burning a portion of the fees on Binance Smart Chain, have also contributed to BNB's uniqueness.

Who launched BNB?

BNB was launched in July 2017 by Binance, the largest cryptocurrency exchange globally based on daily trading volume. The founders of Binance are Changpeng Zhao, who serves as the CEO.

Why is BNB burned?

BNB has an auto-burn mechanism, where Binance periodically burns a portion of the total BNB supply to create a deflationary effect and sustain the value of the digital asset. This is similar to Ethereum's famous EIP-1559 proposal, which also introduced a fee-burning mechanism. The BNB auto-burn is part of Binance's efforts to maintain the scarcity and value of the BNB token. By permanently removing BNB from circulation, the overall supply is reduced, which can potentially lead to price appreciation. This deflationary mechanism is designed to benefit BNB holders in the long run.

Is BNBUSD (BNBUSD) a safe investment?

No investment is completely risk-free. The risk level of BNBUSD (BNBUSD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

BNB

747.400
+8.200+1.11%
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