BNB Token Surges 2.12% as Binance 8th Anniversary Promotions Drive $2.14B Trading Volume

BNBUSDT has experienced a 2.12% increase over the last 24 hours, with the current price at 704.79 and a 24-hour trading volume of approximately $2.14 billion. The recent price uptick can be attributed to Binance’s 8th anniversary promotions, which have increased user engagement and demand for BNB through reward campaigns and the introduction of a new Launchpool project, allowing participants to earn additional tokens by holding BNB. Despite short-term volatility and a previously noted bearish trend earlier in the week, the latest trading activity reflects renewed buying interest, likely supported by these promotional activities and continued ecosystem developments.

BNB currently maintains a market capitalization of around $98.08 billion and a circulating supply of approximately 139.29 million tokens. The price has fluctuated between a 24-hour low of 688.48 and a high of 706.71, reflecting active trading and heightened market participation.