BNB Price Soars, Market Cap Nears $92 Billion
Over the past 24 hours, the price of BNB has surged by 4.3%, reaching $597.86. In the past week, BNB has experienced a significant uptick of over 7.0%, moving from $558.86 to its current price. Despite a decline in trading volume by 9.0%, BNB’s circulating supply has increased by 0.03% to 153.86 million.
Currently, BNB holds the 4th position in terms of market cap, with a valuation of $91.99 billion. Notably, its circulating supply represents an estimated 76.93% of its maximum supply of 200.00 million coins.
The cryptocurrency market has witnessed a positive trend lately, with BNB performing exceptionally well. This growth is attributed to the increasing adoption and use of decentralized finance (DeFi) applications, where BNB plays a significant role.
