BNB Token Surges 2.3% on Anniversary Campaign, $1B Burn, and Major Institutional Acquisition

BNBUSDT has experienced a 2.30% price increase over the past 24 hours, rising from an open of 672.31 to a current price of 687.79. This upward movement is primarily attributed to positive sentiment surrounding Binance's 8th anniversary campaign, which is driving user engagement, as well as recent developments such as a significant $1 billion token burn and new partnerships aimed at expanding the BNB Chain ecosystem. Additional support comes from robust trading activity and notable institutional interest, highlighted by Nano Labs' recent acquisition of 74,315 BNB tokens. The asset remains the 5th largest cryptocurrency by market capitalization, with a circulating supply between 139.29 million and 150 million BNB, and a 24-hour trading volume ranging from $1.78 billion to $2.26 billion, reflecting continued strong market participation and bullish momentum.