$BNB
Price action is showing strength:
BNB has recently broken through key milestones. For example, it surged to ~$1,020 as a fresh all-time high.
That breakout tells me: investor confidence is rising.
Also, ecosystem upgrades help: the Maxwell upgrade on the BNB Chain reduced block-times significantly (~0.8 secs).
1. Market cap & ranking
BNB currently sits at a market cap of roughly US $155-160 billion.
It is ranked among the top cryptos (top 5 by market cap).
2. Circulating supply
Circulating supply is about 137.7 million BNB tokens (≈137,738,000) as of latest reports.
The long-term target is to reduce total supply to 100 million BNB.
3. Recent token burn data (supply deflation)
The 33rd quarterly burn was just completed: around 1,441,281 BNB (≈ US$1.2–1.66 billion) were destroyed.
The burn mechanism is tied to BNB’s price + number of blocks produced (auto-burn mechanism) and is helping shrink supply.
4. Deflationary mechanics / tokenomics
BNB uses a real-time burn & auto-burn model: a portion of gas fees gets burned, and quarterly burns adjust based on network activity.
This means higher usage → more burn → potential scarcity tailwind.
5. Utility + ecosystem relevance
While the “data points” above are more quantitative, for context: BNB isn’t just a speculative token — it’s native to Binance’s ecosystem and powers the BNB Chain (smart contract, DeFi, dApps).
That gives it actual usage beyond mere “ticker momentum”.