BNB Token Surges 2.09% as DEX Volume Hits $191B and Stablecoin Supply Climbs 5%

BNBUSDT has experienced a 2.09% price increase over the past 24 hours, with the current price at 756.55 USDT, up from a 24h open of 741.03 USDT. The recent price surge is primarily attributed to strong market momentum driven by the growth of the Binance ecosystem, a significant rise in decentralized exchange (DEX) volume on BNB Chain, and positive regulatory developments such as the passing of the U.S. "stablecoin GENIUS Act." BNB Chain's DEX volume exceeded $191 billion in the last 30 days, and its stablecoin supply grew by 5% to over $11.1 billion, supporting increased demand for BNB. Technical indicators show BNB maintaining strength above key moving averages, with analysts noting a bullish trend and potential for further gains if momentum continues.

Currently, BNB is trading between $755.49 and $758.01, with a 24-hour high of $758.78 and a low of $732.54. Trading volume over the past day ranges from $1.82 billion to $2.17 billion, and market capitalization stands between $105.23 billion and $110.60 billion, ranking BNB as the 5th largest cryptocurrency by market cap.