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[BNB NEWS UPDATE]
#bnb Surges 12% Amid DeFi Growth and On-Chain Optimism
BNB, the native token of the Binance ecosystem, surged over 12% this week as DeFi activity on #bnb Chain hit a three-month high.
According to on-chain data bnb Chain has seen a spike in daily active users and total value locked (TVL), driven by the launch of several new yield farming protocols and NFT marketplaces.
Key Drivers:
TVL on bnb Chain crosses $5.6B
New DeFi protocols boost usage
Strong developer activity and community growth
#bnb is now trading above $630, showing renewed investor confidence in Binance’s Layer-1 ecosystem.