BNB BNB

BNB has moved +2.84% in the last day, -18.14% over the week, and -7.35% over the past month. The all-time high of $1,370 was set 237 days ago, leaving BNB at 43.3% of that peak. Reclaiming the record would require a 131% advance from here. With both the weekly and monthly trends negative, the path of least resistance remains lower for now.

Volatility & risk

Realised volatility for BNB is currently elevated, with a 7-day annualised reading near 80%. That is roughly middle-of-the-pack for a large-cap crypto asset. Traders should expect double-digit percentage swings within a single week to be normal rather than exceptional.

Liquidity & trading depth

Over the last 24 hours roughly $876.31M changed hands, equal to about 1.1% of the circulating market value turning over in a day. That is adequate turnover for a coin of this size, though large orders may still move the price. Liquidity health scores 38/100 on our composite, which blends 24-hour volume against market capitalisation.

Correlation with Bitcoin & markets

Over the past week, BNB's hourly returns show a correlation of 0.79 with Bitcoin. That is a tight link — BNB has effectively traded as a high-beta Bitcoin proxy, offering little diversification when BTC sells off. Correlation regimes shift, so this figure is a snapshot rather than a constant.

On-chain value & TVL

The DeFi ecosystem built on or powered by BNB currently secures roughly $5.16B in total value locked (TVL) — the dollar value of assets deposited in its protocols. Against a market capitalisation of $79.84B, that gives a market-cap-to-TVL ratio of 15.48. A high ratio means the market values BNB well above the capital currently locked in its ecosystem — pricing in future growth that on-chain activity has yet to deliver. TVL is a useful gauge of real economic usage, but it rises and falls with token prices, so read it alongside the trend in deposits rather than the dollar figure alone.

Our outlook blends three independent lenses. The technical model reads momentum as bearish and frames a near-term band of $509.79 to $640.20. The statistical model, driven by realised volatility, centres near $579.72 with a one-horizon spread of $167.58 to $1,112. The relative model, anchored to how comparable top-100 assets have performed (median -15.47% over the past week), points to $499.51 to $606.21. Blending the three yields the horizon-by-horizon ensemble in the table below. Model confidence is High, reflecting data completeness and liquidity. These are probabilistic scenarios generated from market data — not guarantees, and not financial advice.

BNB has a circulating supply of 134,784,145 BNB. Supply is hard-capped at 200,000,000 tokens, meaning 67.4% already exists and only 65,215,855 remain to be issued. A meaningful share is still to be released, so emission schedules are worth tracking for dilution. Fully diluted valuation and circulating market cap can diverge sharply when a large share of tokens is still locked, so both are worth comparing before drawing conclusions about value.

BNB (BNB) is the 4th-ranked cryptocurrency tracked on TBN Express, with live pricing, derived risk metrics and a multi-model outlook refreshed throughout the day. The profile below combines project information with our own quantitative read of how BNB is trading right now.

BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network. It serves as the primary asset for paying transaction gas and smart contract deployment fees while providing users with tiered fee discounts on the Binance exchange. The project’s main value proposition lies in its unified multi-chain architecture, which integrates a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a cohesive settlement and data availability layer.

The network operates on a Proof of Staked Authority consensus mechanism, utilizing a group of 21 active validators known as the Cabinet to verify transactions and produce blocks every 3 seconds. Validators are elected daily based on the amount of BNB staked or delegated to them, and the system employs fast finality and slashing penalties to maintain security and integrity. To manage its long-term economy, the project uses a programmatic dual-burn strategy that permanently removes tokens through real-time fee destruction and quarterly buybacks.

Launched in 2017 by the Binance platform, the project initially distributed 50% of its 200 million token supply to the public, while the founding team received 40% and angel investors were allocated 10%. Though it began as a token on the Ethereum network, it eventually migrated to its own autonomous architecture that remains fully compatible with the Ethereum Virtual Machine. Today, the token's utility includes paying for network gas, participating in staking rewards, and enabling decentralized governance through which holders can vote on technical upgrades and economic changes.

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