BNB Token Surges 2.09% to $771.57 Amid Record Weekly Close and Rising Investor Confidence

BNBUSDT has experienced a 2.09% price increase over the past 24 hours, rising from 755.74 to 771.57. This upward movement is primarily attributed to strong bullish momentum in the broader altcoin market, as highlighted by recent news and technical analysis. Positive sentiment has been fueled by BNB's record weekly close, increased derivatives open interest signaling investor confidence, and ongoing promotional activities such as Binance's Soft Staking and the launch of Sharia Earn, which have likely contributed to heightened user engagement and demand for BNB.

Currently, BNB trades at 771.57 with a 24-hour trading volume of $2.50 billion and a market capitalization of approximately $106.21 billion, maintaining its position as a leading asset in the cryptocurrency market.