BNB Token Surges 2.45% as Maxwell Hard Fork and $10M Donation Drive Market Momentum

BNBUSDT has experienced a 2.45% price increase over the past 24 hours, rising from an open of 645.88 to 661.70 USDT. This upward movement can be attributed to several key factors: Binance’s 8th anniversary promotion, which has increased market engagement; the successful Maxwell hard fork upgrade on BNB Chain, which reduced block times and is expected to enhance network performance; and positive sentiment from high-profile activity, such as the $10 million BNB donation by Binance’s founder to support open-source biotech projects. Technical indicators show bullish momentum, with buyers defending key support levels and a short-term uptrend visible on lower timeframes.

Currently, BNB is trading at 661.70 USDT with strong 24-hour trading volume and a robust market capitalization near $91 billion, reflecting continued strong interest and relative outperformance compared to the broader cryptocurrency market.