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The platform token BNB has performed exceptionally, with a daily increase exceeding 10%, and the price once reached 640 USD, setting a new yearly high.
Reports suggest that this surge is related to a secret meeting between the Trump family and Binance executives to discuss strategic investments, with the market anticipating that if Trump is elected, he will introduce cryptocurrency-friendly policies.
At the same time, the BNB Chain has undergone a technical upgrade, improving smart contract efficiency by 30%, leading to explosive growth in ecological applications.
Blockchain data shows that on July 10, a whale transferred 773.66 million MEME tokens to Binance, incurring a loss of approximately 9.48 million USD. This whale accumulated this batch of tokens over the past 11 months at a cost of 11.17 million USD, which is now only valued at 1.69 million USD.
Another whale deposited 450 ETH, earning a profit of 108,000 USD, but missed a potential gain of 1 million USD when ETH was over 4000 USD.
In terms of regulation, on June 29, the US SEC, Binance, and Changpeng Zhao submitted a joint motion to the court requesting a 60-day suspension of the lawsuit to observe the impact of the newly established "Cryptocurrency Working Group". This is the first adjustment by the US securities regulatory agency regarding the strict enforcement actions against the cryptocurrency industry during the Biden administration.
Additionally, on May 8, Binance launched the SXT/USDT perpetual contract, allowing up to 5 times leverage, and also introduced wealth management and one-click purchase services. Eligible users can receive an airdrop of 512 SXT tokens.
The Redacted Coin (RDAC) airdrop has also attracted attention, as users who meet the point requirements can claim the corresponding tokens, with the first trading time set for May 13, 2025, at 18:00 (UTC+8).