BNB Token Climbs 2.38% as Binance’s 8th Anniversary Drives Volume and Breaks Key Resistance

BNBUSDT has risen by 2.38% over the last 24 hours, with the current price at 706.53 and a 24-hour open of 690.10. The recent price increase is attributed to heightened market activity surrounding Binance’s 8th anniversary promotions, including substantial BNB and USDC giveaways and the upcoming $LA token listing, which have boosted user engagement and trading volumes. Technical factors, such as BNB consolidating above key support levels and forming higher lows, have also contributed to bullish sentiment, with traders watching for a breakout above the $695–$700 resistance zone. Over the past day, BNB’s trading volume has ranged from $1.22 billion to $1.62 billion, and its market capitalization stands between $90.32 billion and $102.11 billion, reinforcing its position as a top-five cryptocurrency by market cap. The asset has demonstrated relative stability compared to other altcoins, maintaining a strong performance amid broader market fluctuations.