BNB Token Surges 2.23% After Maxwell Upgrade Boosts Network Speed and Binance Anniversary Drives Activity

BNBUSDT has experienced a 2.23% price increase over the last 24 hours, rising from a 24h open of $645.59 to a current price of $659.97. This upward movement is primarily attributed to positive sentiment following the successful Maxwell upgrade on the BNB Chain, which significantly reduced block production time and improved network efficiency. Additional contributing factors include heightened trading activity from Binance’s 8th anniversary campaign, which offers substantial BNB rewards, and ongoing ecosystem developments such as the PIXEL token giveaway and continued BNB token burns.

Currently, BNB is trading at $659.97 with a 24-hour trading volume of approximately $1.56 billion and a circulating supply of about 140.89 million coins. The market remains active, with price consolidation near key technical levels and analysts monitoring for potential breakouts or reversals in the near term.