BNB Price Right Now:
- Trading at $726 - $744 today, up 1.8% in last 24h
- Still 47% down from All-Time High of $1,370.55 on Oct 13, 2025
- Market Cap ~ $95.6B - 4th largest crypto a98de47b
Biggest News - $1.2 Billion Burn:
BNB Chain completed its 37binth Quarterly Auto-Burn on Oct 19 - permanently removed 1,646,196.44 BNB worth $1.197 Billion.
Remaining supply is now 131.5M BNB, target is 100M BNB.
Binance founder CZ reacted: "Which other blockchain burns $1.1B worth of tokens each quarter?" 74f8bfad
Technical Outlook:
BNB is stuck at a heavy resistance wall - 20-day SMA $749.37, 50-day SMA $749.09, and resistance $750.31 all stacked within $1.25.
- Support: $705 - $710 (held on Oct 18)
- If it breaks $730, next target is $750-$800 this month
- RSI 41.3 and rising - sellers losing control 8e10e47ba98d
What it means: Burn is bullish long-term because less supply, but short-term BNB needs to close above $750 to start new uptrend. Otherwise it can test $705 again.