BNB Token Surges 4.17% Amid Binance Anniversary, Maxwell Upgrade, and Rising Institutional Interest

BNBUSDT has experienced a 4.17% price increase over the past 24 hours, currently trading at 756.50 USDT. The recent bullish momentum is attributed to several factors: Binance's 8th anniversary promotions, including the ERA HODLer airdrop and new ERA trading pairs, have driven increased user engagement; the Maxwell upgrade to BNB Smart Chain has improved network performance, supporting positive sentiment; and institutional interest, notably from the family office of Binance founder Changpeng Zhao, has contributed to market confidence. Technical indicators show BNB trading above key moving averages, with a high RSI suggesting strong buying activity. Over the last day, BNB's trading volume ranged from $2.147 billion to $2.97 billion, with a market capitalization between $103.99 billion and $108.57 billion, ranking it 5th globally. The price fluctuated between $713.02 and $765.56, reflecting continued volatility and strong market participation.