Usman Salis
Binance Coin (BNB) is up 24% this month, hitting $807.8, while Binance prepares a quick 15-minute wallet network upgrade to boost security and performance.
BNB Price Keeps Climbing Despite Market Chaos
BNB has been on a roll lately, gaining 0.5% in the past day to reach $807.8. Sure, that doesn't sound like much, but it's actually pretty solid considering how crazy the markets have been recently.
The bigger picture looks even better. BNB price shot up 5.7% this week and an impressive 24% over the month. That kind of performance has pushed BNB's market cap to $112.6 billion, keeping it firmly in the top tier of crypto assets.
What's really wild is that BNB just hit 186th place in global asset rankings, beating out some huge traditional companies like Nike, SoftBank, and even MicroStrategy (Michael Saylor's Bitcoin company). That's a pretty big deal for a crypto token.
Binance Wallet Gets Quick Upgrade Today
Binance is doing a live upgrade on its wallet network today (July 31) that should take about 15 minutes. During that time, all deposits and withdrawals will be paused across every network - so don't panic if things go quiet for a bit.
The exchange says this upgrade will make everything run smoother and more secure. It's part of their ongoing push to keep improving the platform while handling massive trading volumes every day.
BNB Price Gets Boost from New Features
The recent BNB price gains aren't just random - Binance has been busy launching some cool new stuff. They just rolled out DEX Pro mode for experienced traders, which uses their Secure Auto Sign feature to offer more flexible limit orders and better cost efficiency than traditional DEXs.
They've also introduced RWUSD, a new on-chain asset that pays holders up to 4.2% annual yield. It's designed to track returns from real-world assets like tokenized U.S. Treasury bills, which is pretty innovative.
All these updates show Binance is serious about adding value for users, and BNB price seems to be reflecting that confidence.
Usman Salis
