BNB Surges 2.62% After Maxwell Upgrade, 1M Token Burn, and $20M ERA Airdrop Boost

BNBUSDT has experienced a 2.62% price increase over the past 24 hours, rising from a 24h open of 717.52 to a current price of 736.35. This upward movement is primarily attributed to several positive developments: the successful launch of the Maxwell upgrade on BNB Smart Chain, which reduced block times and improved network speed; the recent burn of approximately 1 million BNB tokens, reducing circulating supply; and the distribution of 20 million ERA tokens to BNB holders through Binance’s 27th Hodler Airdrop program, which has encouraged accumulation. Technical analysis and social sentiment have also contributed to bullish momentum, with traders showing increased interest and trading volume rising by over 10% in the last 24 hours.

Currently, BNB is trading at 736.35 with a 24-hour trading volume of approximately $2.1 billion, a market capitalization near $104 billion, and a circulating supply between 139.29 million and 150 million BNB, reflecting strong market activity and positive investor sentiment.