BNB Surges 2.78% as Maxwell Upgrade and $100M Institutional Buy Drive Bullish Momentum

BNBUSDT is currently trading at $641.38, up 2.78% over the past 24 hours, with a 24-hour opening price of $624.06 and trading volume of approximately $1.77 billion. The recent price increase is primarily attributed to positive sentiment surrounding the upcoming Maxwell Upgrade on BNB Chain, which aims to improve network speed and efficiency, as well as heightened institutional interest following news that a Nasdaq-listed treasury vehicle is set to accumulate $100 million in BNB tokens. These developments have contributed to increased investor engagement and bullish momentum, helping BNB outperform recent short-term volatility and maintain its position above key support levels. Overall, BNB remains one of the top five crypto assets by market capitalization, with active trading and strong market interest as it approaches significant technical resistance zones.