BNB Surges 3.63% as ERA Airdrop, Network Upgrades, and Institutional Buys Drive Bullish Momentum

BNBUSDT has experienced a 3.63% price increase over the past 24 hours, rising from 715.61 to 741.58. This upward movement is attributed to several positive developments: the announcement of the ERA token airdrop for BNB holders, ongoing infrastructure upgrades to the BNB Chain targeting higher transaction capacity, and strong institutional interest, including Windtree Therapeutics adopting BNB as part of its treasury and Nano Labs' recent large-scale BNB purchases. Technical analysis from multiple sources highlights bullish momentum, with BNB breaking key resistance levels and maintaining a positive structure above $675. Additionally, recent network upgrades have improved performance and security, further supporting market confidence.

Currently, BNB trades at 741.58 with a 24-hour trading volume between $2.27 billion and $2.96 billion, a market capitalization exceeding $100 billion, and a circulating supply of approximately 139.29 million to 150 million coins, reflecting sustained investor interest and strong market positioning.