HIFI Token Surges 11.87% Amid HIP 16 Governance Win and Binance Engagement, $10.28M Volume Recorded

HIFIUSDT has experienced an 11.87% price increase over the past 24 hours, rising from a 24h open of 0.0699 to a current price of 0.0782 on Binance. This upward movement can be attributed to recent positive developments within the Hifi Finance ecosystem, including the successful passage and implementation of the HIP 16 governance proposal and ongoing protocol upgrades, as highlighted in the June 2025 community update. Additionally, increased user engagement through Binance’s 'Learn & Earn' program and promotional activities may have contributed to heightened trading interest and volume, which stands at approximately $10.28 million over the last 24 hours. Despite this short-term price gain and a 9.5% weekly increase, HIFI remains in a broader long-term downtrend, trading significantly below its all-time high, with a circulating supply of 150 million tokens and a fully diluted valuation based on a maximum supply of 170 million.