BNB Sees $2 Billion Volume Surge as Price Adjusts After SEC Lawsuit Dismissal Boost
BNB is currently trading at $661.59, with a 24-hour opening price of $680.90 and a price change of -2.84%; trading volume stands at approximately $2.01 billion, and market capitalization is around $93.3 billion, reflecting strong activity and positioning BNB among the top cryptocurrencies by market value. The recent drop in price over the past 24 hours follows a period of increased volatility and profit-taking after the U.S. SEC officially dismissed its lawsuit against Binance and its founder on May 29, 2025, which had previously boosted market confidence, led to renewed institutional and retail interest, and increased trading activity; the subsequent correction appears to be a short-term response after the initial surge in optimism and trading volumes triggered by the regulatory resolution.