Introduction
BNB (Binance Coin) continues to dominate the crypto market as a top-tier utility token. This article provides an in-depth analysis of BNB’s price trends, market data, and key functionalities, updated for July 7.
Key BNB Metrics (July 7)
- BNB/USD Price: $233.99
- Market Cap: $36.38 billion
- Circulating Supply: 155.85 million BNB
- 24H Trading Volume: $556.07 million
- 7-Day Price Change: +0.25%
- Price Range (24H): $231.49–$233.99
Real-Time BNB Price Data
As of July 7:
- Current Price: $234.24
- 24H Volume: $3.93 million
- 24H Price Change: -2.21%
- Market Rank: #3
- Max Supply: 200 million BNB
Historical Performance (USD)
| Time Frame | Change | % Change |
|-----------------|--------------|--------------|
| Today | -$4.19 | -1.75% |
| 7 Days | -$2.58 | -1.08% |
| 30 Days | -$44.61 | -15.99% |
| 3 Months | -$1.35 | -0.57% |
What Is Binance Coin (BNB)?
Launched in 2017, BNB is the native token of the Binance ecosystem. Initially an ERC-20 token, it migrated to Binance Chain in 2019. Key uses include:
- Trading fee discounts on Binance.
- Participation in token sales via Launchpad.
- Governance of Binance DEX.
FAQs
1. Is BNB mineable?
No. BNB uses a Byzantine Fault Tolerance (BFT) consensus, requiring validators instead of miners.
2. What is the BNB Burn?
Binance periodically destroys BNB tokens based on trading volume—reducing supply to increase scarcity.
3. Where can I buy BNB?
Purchase BNB on major exchanges like Binance or OKX.
Conclusion
BNB remains a cornerstone of the Binance ecosystem, offering utility and investment potential. For real-time updates, refer to trusted market trackers.
Core Keywords:
BNB price, Binance Coin, crypto market trends, BNB burn, BNB USD value
Notes:
- Removed ads, dates, and redundant links per guidelines.