BNB, the native cryptocurrency associated with the Binance exchange, held the fourth spot by market capitalization in CoinGecko’s October 31, 2026 snapshot. The price stood at $705.10 at 17:19 UTC, reflecting a modest daily gain but a substantial drop over the preceding year.
BNB’s Market Performance and Ranking
CoinGecko’s data indicated that BNB maintained a 24-hour increase of 0.59%. Over the past seven days, BNB fell 2.18%, while the one-year change represented a steep 35.02% loss. Monthly performance was also negative, with a 7.94% decline recorded in the last 30 days.
At the snapshot time, BNB held a market capitalization of $92.72 billion and reported a 24-hour trading volume exceeding $785 million. Its 24-hour price range fluctuated between $695.25 and $709.72. Despite short-term rebounds, BNB’s value remained significantly below its levels from the previous year.
| Measure | Value (Oct 31, 2026, 17:19 UTC) |
|---|---|
| BNB price | $705.10 |
| Market capitalization | $92,724,963,577 |
| Market-cap rank | 4 |
| 24-hour trading volume | $785,239,963 |
| 24-hour price change | +0.59% |
| 7-day price change | -2.18% |
| 30-day price change | -7.94% |
| One-year price change | -35.02% |
Market data suggest that recent daily gains have not offset deeper monthly and annual losses. BNB’s position by market capitalization also does not guarantee protection from volatility or potential losses for investors.
Binance Hack and Response
The Block reported that BNB dropped 7.1% in the aftermath of a Binance security breach. Binance is among the world’s leading crypto exchanges, with a vast global user base and significant influence on the market.
Reports indicated that Binance Co-CEO Yi He assured users that the exchange would cover all losses resulting from the hack. However, there is currently no confirmed evidence detailing the completion of any reimbursements or specifying which users received compensation.
While Binance leaders pledged to make users whole after the incident, available sources do not confirm that the affected accounts have been reimbursed or state when payments would occur.
Cointelegraph also reported that Bitcoin, Ether, and the broader crypto market experienced sharp declines alongside BNB in response to the news of the breach.
Mini dictionary: Binance is a leading global cryptocurrency exchange, operating a major trading platform for digital assets and providing related financial services to users worldwide.
Limitations of Current Reporting
CoinGecko’s listing verifies the price, trading volume, and rank of BNB but does not specify the cryptocurrency’s technical functions, rules, or supply mechanisms. No current evidence confirms whether all compensation pledges by Binance have been implemented or if reimbursement applies to ordinary price declines unrelated to the security breach.
Additionally, data on market sentiment such as the Crypto Fear & Greed Index, which stood at 30 (Fear) on October 31, 2026, provides a general measure of market mood rather than specific insight into BNB’s future price movements or security profile.
Market listings and compensation promises are distinct; documented losses, hack responses, and reported risks do not guarantee future protections for BNB holders.
