BNB Token Surges 2.36% Amid BinanceTurns8, $90M Treasury Buy, and Altcoin Season Momentum
BNBUSDT has experienced a 2.36% price increase over the last 24 hours, rising from a 24h open of 758.40 to a current price of 776.30. This upward movement is primarily attributed to heightened market activity surrounding Binance’s #BinanceTurns8 celebration, which has increased user engagement and demand for BNB, as well as the recent listing of Lagrange (LA) and the C token airdrop for BNB holders. Additional support for the price came from Nano Labs’ significant treasury expansion, purchasing $90 million in BNB, and positive analyst sentiment highlighting BNB as a top pick during the ongoing "altcoin season." Despite Solana overtaking BNB in market capitalization, BNB remains among the top cryptocurrencies, with a 24-hour trading volume between $2.41 billion and $3.40 billion and a market cap estimated at $105.35 billion to $107.36 billion. The asset has shown volatility, with a 24-hour high of approximately $780.10 and a low near $745.00, reflecting strong trading interest and continued bullish momentum.