BNB
BNB#4$634.11-3.26%
Related guides
These guides mention this coin directly and help you understand it in context.
These guides mention this coin directly and help you understand it in context.
BNB is the cryptocurrency tied to the Binance platform. It is used on Binance to pay fees, including trading, transaction, and listing fees, and the token was designed to give users discounts when those fees are paid in BNB. The name combines “binary” and “finance,” reflecting Binance’s original focus on crypto-to-crypto trading rather than fiat pairs. The token was issued with a total supply of 200 million BNB and originally used the ERC-20 standard on Ethereum. Its initial distribution was split between the public sale, the team, and angel investors. Binance grew quickly into a large global trading venue, and BNB became closely associated with activity on that platform. For users, BNB’s practical appeal has been straightforward: it can reduce costs when used for exchange-related fees. That also creates a clear limitation. Much of BNB’s utility is linked to Binance itself, so the token’s relevance depends heavily on the platform’s continued use and position in the market.
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BNB is the token connected to Binance and is mainly used to pay fees on the exchange. Its usefulness is closely tied to how much people continue to use Binance.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 13, 2026
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Rating
Confidence
BNB is changing hands at $647.04 after sliding 4.77% in the past 24 hours, 5.74% over the last week, and 12.05% over the past month. The clearest warning sign comes from sentiment data: the Fear & Greed Index sits at 20, squarely in 'Extreme Fear' territory, down from 25 just a week ago. Some investment research notes that extreme anxiety around a large, established coin like BNB has occasionally preceded contrarian turning points historically, but that pattern doesn't guarantee what comes next. Rising interest rates, climbing inflation, and a strengthening dollar are squeezing crypto assets across the board right now. On the brighter side, ecosystem developments like the Saudi credit vault and expanding tokenized ETF activity offer a counterweight, though recent developer activity has slowed. For the medium term, the picture stays strained: deteriorating sentiment and macroeconomic headwinds are simply more visible right now than the ecosystem's underlying progress.
Nomura's Laser Digital helped launch a $100 million Saudi small-business credit vault on BNB Chain, and separate reporting pointed to rapid growth in the chain's tokenized ETF market capitalization. BNB Smart Chain also logged 4.86 million active addresses in 24 hours — worth noting that addresses aren't the same as individual people, so this figure alone doesn't tell us how many actual users were behind the activity. On the risk side, BNB Chain rolled out its Red Alarm initiative to tackle rising security threats, and BSC pushed a hotfix tied to a Reth exploit. Overall news sentiment reads as neutral, meaning the headlines present both ecosystem wins and operational concerns without offering a clean explanation for the broader price slide.
BNB is down across every timeframe we track: 4.77% in 24 hours, 5.74% over seven days, and 12.05% over the past month. At $647.04, it's trading roughly 52.8% below its all-time high of $1,369.99, set in October 2025. This ongoing decline lines up with Extreme Fear sentiment, rising interest rates, higher inflation, and a stronger dollar — all pointing toward broad risk-off caution across crypto rather than something unique to BNB. Trading volume of $752.2 million confirms substantial market activity, though it doesn't tell us how many distinct participants generated that volume.
The Fear & Greed Index sits at 20 (Extreme Fear), and its drop from 25 over the past week shows market anxiety is intensifying, not easing. Some investment research frames such extreme readings as statistically notable from a contrarian standpoint, particularly for established coins — but this historical tendency isn't a forecast, and it isn't an investment recommendation (MAR Art. 3(35)) either. The Federal Funds Rate has risen to 3.88%, inflation has climbed to 4.08%, and the Dollar Index has strengthened to 121.88, all tightening conditions for crypto assets broadly. Within our tracked universe, top stablecoins hold a combined $255.2 billion, down 1.5% over seven days and 4.8% over 30 days — a useful liquidity snapshot, though not a complete picture of the entire stablecoin market. No BNB-specific regulatory action appears in current headlines; the reported Chinese investigation concerns Solana, representing broader sector scrutiny rather than a direct hit to BNB.
The current data paints a predominantly strained picture. Extreme Fear sentiment, falling prices, rising interest rates, higher inflation, and a stronger dollar are currently outweighing the constructive ecosystem headlines and BNB's established market position in this investment research (MiFID II Del. Reg 2017/565 Art. 36).
BNB has fallen 4.77% in 24 hours, 5.74% over seven days, and 12.05% over the past month. This decline coincides with worsening crypto-wide sentiment and tighter macroeconomic conditions, while current BNB-specific news reads as neutral rather than clearly negative.
Its main strengths include its fourth-place market ranking, a growing ecosystem, high active-address counts, and new tokenization and credit projects. The main risks are Extreme Fear sentiment, a sustained price decline, restrictive macroeconomic conditions, slower recent GitHub activity, and ongoing security-related concerns.
Market sentiment as a contrarian reality check for this analysis.
Historically extreme bearish sentiment
The market is deeply nervous. Looking back, these phases for BTC often coincided with local bottoms as long as fundamentals held up.
Historical BTC performance
When the index sat between 20 and 39, BTC historically moved an average of +8.0% after 30 days and +22.0% after 90 days.
Current
20
out of 100
Extreme Fear
BNB is changing hands at $690.34, up a modest 1.02% on the day but down 0.72% over the past week and a steeper 8.08% over the past month. The Fear & Greed Index sits at 29 — squarely in 'Fear' territory — keeping the broader market mood defensive and standing out as a key reason risks currently outweigh the positives in this investment research (MiFID II Del. Reg 2017/565 Art. 36). Rising interest rates and sticky inflation add further pressure, while recent BNB-related news coverage reads as neutral rather than a clear bullish trigger. On the constructive side, BNB Smart Chain logged 4.86 million active addresses in 24 hours, tokenized ETF activity on the chain is expanding, and maintenance work continues behind the scenes. Still, confidence in the technical-risk side of this coin analysis is lower than usual, since smart-contract security coverage simply isn't available right now. For anyone looking weeks to months ahead, the setup leans strained, even with the ecosystem clearly still in active use.
BNB is changing hands at $694.53, down 0.83% over the past seven days and 9.95% over the last 30 — a reminder that the broader monthly trend is still shaky, even with recent signs of stabilization. The Fear & Greed Index sits at 28 (Fear territory), slipping from 30 a week ago and pointing to widespread caution across crypto markets. Rising U.S. interest rates and persistent inflation only add to the pressure, since both tend to make speculative assets like cryptocurrencies less appealing in a tighter financial climate. News sentiment around BNB is neutral, and it remains the fourth-largest crypto asset by market cap, but a handful of ecosystem security incidents and just five recorded code changes over the past four weeks cloud the picture further. Taken together, this setup points to elevated market and ecosystem risk despite BNB's scale. Note: our security-check coverage is currently unavailable for this asset.
BNB is changing hands at $700.58, down 0.44% over the last 24 hours, 5.84% over the past week, and 11.61% over the past month. The most striking element in this investment research is sentiment: the Fear & Greed Index has slid from 51 to 26 in just seven days, now sitting firmly in Fear territory and pointing to a sharp retreat in risk appetite. Confidence has taken a further hit from reports of a major Binance security breach, though withdrawals have since been restored and BNB Chain itself reportedly came through unaffected. Developer activity tells a steadier story — a long-established project, even if recent momentum is modest at nine commits over four weeks. Add rising interest rates, climbing inflation, and recent price weakness to the mix, and the overall setup looks strained, leaving you with elevated uncertainty heading into the coming weeks.
BNB trades at $705.14, down 3.83% over seven days and 8.41% over 30 days despite a 1.30% recovery in the latest 24 hours. Market sentiment is the most striking factor: the Fear & Greed Index is at 30, labeled Fear, after falling 24 points from 54 in one week. Several current headlines connect the decline with a reported Binance security incident, although BNB Chain stated that its networks were unaffected. Development continues, with eight GitHub commits in four weeks and a strong record of resolved issues, but this does not remove the confidence damage surrounding the exchange-related reports. For medium-term investors, fearful sentiment, weakening prices, the security incident and rising interest rates and inflation create a predominantly strained data picture.
BNB is changing hands at $759.18, up 2.76% over the past 24 hours and 0.93% for the week — though it's still down 1.27% over the past 30 days. That mix points to short-term stabilization rather than a decisive breakout. The clearest note of caution comes from market sentiment: the Fear & Greed Index sits at 51 (Neutral), down sharply from 68 just a week ago, a 17-point slide. BNB Chain headlines highlight growing tokenized-asset activity and rising transaction counts, but the overall news tone reads as neutral rather than bullish. On the development side, the code repository shows a long track record of resolved issues and merged updates, though only eight code changes landed in the past four weeks — a quieter stretch than usual. Add rising interest rates and inflation to the mix, and you get a picture of solid network progress running into a less forgiving economic and sentiment backdrop.
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$634.11
24h
-3.26%
7d
-9.11%
30d
-13.50%
65.8% of the max supply is circulating