BNB Surges 2.84% as ERA Token Airdrop, Quarterly Burn, and Maxwell Upgrade Boost Momentum

BNBUSDT has experienced a 2.84% price increase over the past 24 hours, rising from 730.79 to 751.51. This upward movement is primarily attributed to several positive developments, including Binance’s distribution of 20 million ERA tokens to BNB holders, the launch of new ERA trading pairs, and promotional activities marking Binance’s 8th anniversary, which have driven increased user engagement and utility for BNB. Additionally, the recent quarterly burn of approximately 1.59 million BNB and the Maxwell hard fork upgrade have contributed to improved network performance and a deflationary supply outlook, further supporting bullish sentiment.

Currently, BNB is trading at 751.51 with a 24-hour trading volume of approximately $2.05 billion and a market capitalization near $104.41 billion, reflecting strong market activity and continued investor interest.