Last Updated: October 23, 2026
BNB is trading near $745 on Friday, October 23, holding up better than every other large token through this week’s selloff and pressing against the top of its six-week range after BNB Chain’s 37th quarterly burn. Here is today’s BNB price, the levels that matter and what is driving the market.
Key Takeaways
BNB trades at approximately $745.73, up 1.61% over the past 24 hours and 1.90% over the past week, with a market capitalization of about $98.07 billion, according to CoinGecko. It is the only one of the six largest non-stablecoin assets in positive territory over the past week, and it sits about 45.6% below its all-time high of $1,369.99, set on October 13, 2025.
The 37th quarterly Auto-Burn, completed on October 19, permanently removed 1,646,196.44 BNB, worth about $1.2 billion, and left a total supply of about 131.51 million BNB. The previous burn, in July, removed about 1.62 million BNB.
Binance is trimming its business at the edges. It will close its mining pool, cloud mining and transaction accelerator on November 10, and from October 27 it will restrict eight services and delist 22 tokens for users in Brazil.
VanEck’s VBNB, the US spot BNB ETF, held about $96.1 million in net assets on October 19, with about 96% of its 132,398 BNB staked.
BNB has been the steadiest large altcoin this month: while Bitcoin, Ether and XRP gave back Thursday’s gains, BNB held near $746 and is up about 1.9% over the week.
Metrics
| Metric | Value |
|---|---|
| Price | ~$745.73 |
| Market Cap | ~$98.07 billion |
| 24h Volume | ~$725.74 million |
| All-Time High | $1,369.99 (October 13, 2025) |
| ATH Drop | -45.6% |
| Circulating Supply | ~131.51 million BNB |
Data: CoinGecko, October 23, 2026.
Price Analysis
BNB has spent six weeks between about $705 and $810, a tighter range than most large altcoins. It found support near $706 on October 18, matching the September floors around $704, and has since climbed back toward $746, where the October 13 and October 22 rebounds stalled. The token is now pressing against that $746 to $748 resistance.
The year’s range is wider: a high of $959.52 on January 17 and a low of $537.25 on July 1, followed by an August rally from about $600 to above $700. For market-wide data, see crypto market today, and for regulatory and industry stories, crypto news today.
Support and Resistance
| Level | Price |
|---|---|
| Resistance 2 | $810 |
| Resistance 1 | $748 |
| Current Price | ~$745.73 |
| Support 1 | $705 |
| Support 2 | $675 |
What Could Happen Next
Bullish scenario: a daily close above $748 would end the run of lower highs and open the $780 to $810 zone, where BNB topped in late September and early October.
Base scenario: BNB keeps trading between about $705 and $748, supported by the reduced supply after the burn and capped by the weak mood across the market.
Bearish scenario: a close below $705 would expose $675, the September 1 low, and then the $600 area, where BNB traded before its August rally.
Why Is BNB Trending Today
BNB’s resilience is the story. It rose on a day when Bitcoin, Ether and Solana all fell after the Nasdaq’s 2.6% drop, helped by a supply that shrank 1.65 million BNB in last weekend’s burn and by demand that is less tied to speculative flows than most altcoins. Burns continue until the total supply falls to 100 million BNB, about 31.5 million below today’s level.
The news around Binance is mixed. The exchange is closing its mining pool and related services on November 10 and restricting services for Brazilian users from October 27, and reports on October 9 said the US Justice Department is reviewing whether Binance has complied with its 2023 settlement; Binance said it is cooperating with law enforcement. On BNB Chain, decentralized finance protocols hold about $5.9 billion, according to DefiLlama.
The wider market is weak: Bitcoin is testing its 50-day moving average (Bitcoin news today), and Ether and XRP are lower over the week (Ethereum news today, XRP news today). For other moves, see Zcash news today and HBAR news today.
What Is BNB
BNB is the native token of BNB Chain, the blockchain ecosystem started by Binance. It launched in 2017 as an exchange token and now pays transaction fees on BNB Smart Chain, secures the network through staking and gives Binance users trading-fee discounts and access to Launchpool and other token sales. A quarterly Auto-Burn reduces the supply toward a target of 100 million BNB.
Top Factors Affecting BNB’s Price
Binance’s business and legal standing: BNB’s value is closely tied to the world’s largest exchange, so regulatory actions, settlements and product changes move the token.
Auto-Burn: quarterly burns of more than 1.6 million BNB shrink the supply by roughly 1.2% each quarter at current rates.
BNB Chain activity: fees, decentralized finance and memecoin trading on BNB Smart Chain drive demand for BNB as gas.
Exchange perks: Launchpool campaigns and token sales that require holding BNB create recurring demand.
ETF access: VanEck’s VBNB gives US investors regulated exposure, although its $96 million in assets is still small.
Competition: other low-cost chains compete with BNB Smart Chain for users and developers.
Bitcoin and macro: BNB still follows the broader crypto market and US interest-rate expectations, although it has been less volatile than most large altcoins.
BNB vs. Other Major Cryptocurrencies
| Asset | Price | Market Cap |
|---|---|---|
| Bitcoin | $81,571 | $1.64 trillion |
| Ethereum | $2,397.21 | $292.83 billion |
| XRP | $1.32 | $83.19 billion |
| BNB | $745.73 | $98.07 billion |
| Solana | $104.10 | $61.38 billion |
| TRON | $0.3293 | $31.29 billion |
BNB is the fourth-largest cryptocurrency on CoinGecko, ahead of XRP by about $15 billion in market capitalization and the only one of the six in positive territory over the past week.
Summary
| Metric | Value |
|---|---|
| Current Price | ~$745.73 |
| Key Resistance | $748 |
| Key Support | $705 |
| Market Sentiment | Neutral (Fear & Greed 50) |
Compare Crypto Prices Today
| Asset | Live Price |
|---|---|
| Bitcoin | Bitcoin Price |
| Ethereum | Ethereum Price |
| XRP | XRP Price |
| Solana | Solana Price |
| BNB | BNB Price |
| TRON | Tron Price |
Where to Buy BNB
BNB is available on Binance, the deepest market, and on Kraken, KuCoin, Gate.io, OKX and Bybit; Coinbase users should check availability in their region. US investors can also buy VanEck’s VBNB ETF. To use BNB on-chain, hold it in a wallet that supports BNB Smart Chain, such as Trust Wallet or MetaMask.
This article is for informational purposes only and does not constitute financial advice.
FAQ
What is the current price of BNB?
BNB trades at about $745.73 on October 23, 2026, up 1.61% over 24 hours and 1.90% over the past week, according to CoinGecko. Its market capitalization is about $98.07 billion, making it the fourth-largest cryptocurrency, and about 131.51 million BNB remain in circulation after the latest quarterly burn on October 19.
What is BNB’s all-time high?
BNB’s all-time high is $1,369.99, set on October 13, 2025, according to CoinGecko; CoinMarketCap lists $1,370.55. At about $745.73, BNB trades about 45.6% below that record. In 2026 it has ranged from a high of $959.52 on January 17 to a low of $537.25 on July 1, and it is down about 16% for the year.
Why is BNB moving today?
BNB is the market’s outperformer, holding near $746 while other large tokens fell after Thursday’s tech-led selloff. The 37th quarterly Auto-Burn removed 1,646,196.44 BNB on October 19, shrinking supply by about 1.2%, and BNB’s demand is less tied to speculative flows than most altcoins.
What is the key resistance level for BNB right now?
The first key resistance is about $748, the October 13 high, where BNB’s rebounds have stalled, and the token is pressing against it now. A daily close above it would end the run of lower highs and open the $780 to $810 zone, where BNB topped in late September and on October 5.
What is the key support level for BNB right now?
The first key support is about $705, a level that held on September 10, September 16 and October 18. Below it, the next support is about $675, the September 1 low. A break of that level would expose the $600 area, where BNB traded before its August rally took it back above $700.
Is BNB a good investment right now?
That depends on your risk tolerance and time horizon. Supporters point to quarterly burns that shrink supply by more than 1% each quarter, steady demand from Binance users and BNB Chain activity, and a US spot ETF. Skeptics note BNB’s close ties to Binance’s legal and regulatory position and competition from other low-cost chains. Only invest money you can afford to lose.
