BNB Surges 4.64% as All-Time High, $45B DEX Volume, and AI Upgrades Drive Momentum
BNBUSDT has experienced a notable price increase over the past 24 hours, rising 4.64% from an open of 756.11 to a current price of 791.21. This upward movement is primarily attributed to strong bullish momentum driven by recent news of BNB reaching a new all-time high above $800, significant institutional demand, and positive sentiment following reports of over $45 billion in weekly decentralized exchange trading volumes within the BNB Chain ecosystem. Additional contributing factors include ongoing infrastructure upgrades aimed at improving transaction speeds and integrating AI, as well as the utility of BNB for trading fee discounts, staking, and token burns.
Currently, BNB ranks 5th by market capitalization at approximately $111.44 billion, with a 24-hour trading volume of $3.28 billion and a circulating supply of 139.29 million coins. The asset has shown resilience and stability, trading between a low of 746.11 and a high of 801.83 in the last 24 hours, maintaining its position as a leading cryptocurrency amid broader market volatility.