Binance Coin (BNB) is the primary token of the Binance exchange, utilized for transaction fees and rewards within the platform. With a maximum supply of 200 million tokens, more than 153 million BNB tokens are currently in circulation. The market capitalization of BNB exceeds $91 billion, reflecting a significant surge in value from $290 in January 2024 to $724 in June of the same year. The price metrics and tokenomics of BNB demonstrate its growing popularity and market performance.
Binance Coin Tokenomics and Price Analysis
by Giorgi Kostiuk
2 years ago
0
Other news
Attention Shifts to Upcoming US Economic Data
Market participants are now focusing on upcoming US economic data, including Nonfarm Payrolls and the unemployment rate, which may influence Bitcoin's price direction.
SOPR Reflects Fragile Profit-Taking in Bitcoin Market
The Spent Output Profit Ratio (SOPR) currently hovers slightly below 1.0, indicating that Bitcoin holders are neither rushing to realize large profits nor capitulating at losses.
Coinbase Premium Shows Cooling US Demand
The Coinbase Premium Index has remained mostly negative in recent weeks, indicating a decline in demand from US-based investors.
Ripple Quickly Relocks 700 Million XRP After Escrow Release
Ripple quickly relocked 700 million XRP shortly after the escrow release on January 1, 2026, to manage supply and mitigate long-term supply shocks.
Coinbase Insurance Coverage Lacks Protection Against Coercion
Coinbase's insurance primarily covers server breaches, leaving users vulnerable to coercion and physical attacks.
Severe Sentences for Crypto Kidnapping Conspirators
Individuals involved in a kidnapping conspiracy targeting crypto investors have received severe sentences, highlighting the legal repercussions of such crimes.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter