BNB Surges 3.41% as Institutional Adoption and Network Upgrades Drive Trading Volume to New Highs
BNBUSDT has experienced a 3.41% price increase over the past 24 hours, with the current price at 711.54 USDT and a 24-hour opening price of 688.06 USDT. The recent price surge is primarily attributed to several positive developments: institutional adoption following Windtree Therapeutics' announcement of adding BNB to its balance sheet and launching a $60 million BNB-focused crypto strategy, as well as network upgrades on BNB Chain, including reduced block times and expanded access to U.S. stocks through a partnership with Ondo Finance. These factors have contributed to increased trading activity, as reflected by a notable rise in 24-hour trading volume. BNB currently ranks among the top five cryptocurrencies by market capitalization, with circulating supply estimates ranging from 139.29 million to 150 million BNB. The asset's bullish momentum is supported by both technical and fundamental factors, with active discussion and positive sentiment observed on social trading platforms.