**Binance Market Update – May 16, 2025**
On May 16, 2025, the cryptocurrency market experienced a modest uptick, with the global market capitalization reaching \$3.33 trillion, marking a 1.20% increase over the previous day.
### 📊 Market Highlights
#### 🔹 Official Trump (TRUMP) Token
The \$TRUMP meme coin saw a slight increase, trading at approximately \$12.99 USD, up by 2.09% over the past 24 hours. The 24-hour trading volume stood at around \$845 million, with a circulating supply of 200 million TRUMP tokens, resulting in a market capitalization of approximately \$2.6 billion.
#### 🔹 XRP
XRP's price stood at \$2.43, reflecting a 3.21% increase over the last 24 hours.
#### 🔹 Sui (SUI)
Sui (SUI) held steady at \$3.89, showing a minimal gain of +0.04% on the day. The 24-hour trading volume was \$1.74 billion, with a market capitalization of \$13.16 billion.
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### 📈 Binance Coin (BNB) Price Trend
The following chart illustrates the price trend of Binance Coin (BNB) over the past two weeks:
## Stock market information for BNB (BNB)
* BNB is a crypto in the CRYPTO market.
* The price is 648.13 USD currently with a change of -4.16 USD (-0.01%) from the previous close.
* The intraday high is 658.89 USD and the intraday low is 648.13 USD.
### 🔍 Transparency Update
Binance has implemented a critical transparency update by incorporating token unlock schedules into the calculation of market capitalization for all listed tokens. This enhancement aims to provide users with a more comprehensive view of each token's circulating supply and overall market value.
### 📌 Conclusion
The cryptocurrency market on May 16, 2025, showed signs of stability and growth, with key tokens like TRUMP, XRP, and SUI experiencing modest gains. Binance's commitment to transparency through the inclusion of token unlock schedules further reinforces its position as a leading exchange platform. Investors are encouraged to stay informed and consider these developments in their trading strategies.
