$BNB BNB (Binance Coin) recently broke through 720 USD, with a market capitalization exceeding 106 billion USD, ranking fifth in cryptocurrency. The Maxwell upgrade enhances transaction throughput, shortens block time, and improves BNB chain efficiency. 32 quarterly burns removed 1.59 million BNB, reducing supply to support prices. Institutional adoption is increasing, with Nano Labs increasing its holdings to 90 million USD, and Kraken collaborating to launch tokenized stocks. Technical indicators show overbought (RSI 78.82), with potential short-term pullback risks, but bullish in the long term, with a 2025 average price forecast of 1088-1294 USD, and potentially reaching 8254 USD by 2030. Caution is needed regarding regulatory and market volatility risks.