FXS Token Jumps 14.45% on Binance as Collateral Ratio Hike Spurs Trading Surge

FXSUSDT has experienced a notable price surge in the last 24 hours, with the price on Binance rising by 14.45% to $3.937. This upward movement is primarily attributed to strong bullish momentum observed in recent trading sessions, as well as increased market attention following the announcement that Binance will raise the collateral ratio for FXS under Portfolio Margin from 20% to 30% effective July 22, 2025. The combination of positive sentiment, technical breakouts to new highs, and anticipation of changes in margin requirements has contributed to heightened trading activity and price appreciation.

Currently, FXSUSDT is trading at $3.937 on Binance with a 24-hour trading volume of 4.28 million FXS (15.75 million USDT), reflecting significant volatility and strong market participation. The circulating supply is reported at 88.51 million FXS, and the market capitalization stands at $318.23 million.