BNB Token Surges 2% as Sharia Earn Launch, Institutional Buys, and Promotions Drive Momentum

BNBUSDT has experienced a 2.00% price increase over the past 24 hours, rising from a 24h open of 761.74 to a current price of 776.98. This upward movement is attributed to several key factors: the launch of Binance’s Sharia Earn product featuring BNB Locked Products certified as Sharia-compliant, ongoing promotional campaigns such as the BNB Cryptoback and Binance’s 8th anniversary rewards, and notable institutional developments including Windtree’s $200 million BNB treasury play and Nano Labs increasing its BNB reserves to $90 million. Positive technical indicators and continued bullish sentiment, supported by strong trading volume and recent network activity, have also contributed to the price momentum.

Currently, BNB trades at 776.98 with a 24-hour trading volume of approximately $2.92 billion, a market capitalization near $107.35 billion, and a circulating supply of about 139.29 million coins, maintaining its position among the top cryptocurrencies despite recent volatility and active trading between $745.00 and $781.99.