BNB Token Surges 3.28% to $706 Amid BinanceTurns8, High Volume, and Bullish Technicals
BNBUSDT has experienced a 3.28% price increase over the past 24 hours, with the current price at 706.66 USDT according to Binance. This upward movement is attributed to heightened trading activity surrounding the #BinanceTurns8 celebration, which has increased user engagement through promotional events and reward opportunities in BNB. Additionally, recent technical analysis highlights BNB’s resilience as it consolidates above key support levels and tests resistance near the $695–$700 range, with bullish sentiment supported by ongoing developments such as the BNB Chain’s scaling ambitions and positive market structure.
The market remains active, with Binance reporting a 24-hour trading volume of $2.32 billion and BNB’s circulating supply at approximately 139.29 million tokens. The price has fluctuated between a 24-hour low of 684.24 and a high of 706.66, reflecting strong interest and volatility as traders monitor critical resistance and support levels.