$BNB

The price predictions for Binance Coin (BNB) have turned positive, as BNB has surpassed the $700 mark for the first time since February, rising by 6.92% over the past seven days. Currently, BNB is trading at $716, and indicators suggest the potential for greater growth. One of the main factors contributing to this upward trend is the increase in open interest (OI), which shows the total value of active and unsettled futures contracts.

At the beginning of July, the investment volume in the cryptocurrency was below $450 million, but it is now at $565.74 million. This increase indicates the influx of new money into the market and supports this move, rather than just short-term speculation. With the growing activity of traders and positive sentiment, the price outlook for Binance Coin (BNB) remains strong. Many expect further gains if the momentum continues.