BNB Surges 3.22% After $1.02B Burn, Maxwell Upgrade, and Tokenized Stocks Partnership Fuel Bullish Momentum

BNBUSDT has experienced a 3.22% price increase over the past 24 hours, currently trading at 716.18 USDT after opening at 693.84 USDT. The recent price surge is primarily attributed to several positive developments, including Binance's 32nd quarterly BNB burn of $1.02 billion, new BNB-related campaigns such as the #BinanceTurns8 event and HODLer Airdrop program, and the announcement of a partnership between BNB Chain and Ondo Finance to enable trading of tokenized U.S. stocks and ETFs. Additionally, the "Maxwell" network upgrade, which reduced block times and boosted DEX volume, has contributed to increased market optimism.

BNB's 24-hour trading volume stands between $2.58 billion and $2.72 billion, with a market capitalization of approximately $98.78 billion to $100.41 billion and a circulating supply of about 139.29 million BNB. The asset reached a 24-hour high of $723.47 and a low of $690.33, reflecting notable volatility and sustained bullish momentum, with traders showing increased accumulation interest.