BNB Surges 3% to $765 After Binance Anniversary, Strategic Partnerships, and Record DEX Volumes

BNBUSDT has experienced a notable price increase over the past 24 hours, rising 3.05% to $765.29 from an opening price of $742.67. This upward movement is primarily attributed to strong bullish momentum following Binance’s 8th anniversary promotions, the launch of the Sharia Earn product, and positive sentiment from recent strategic partnerships and investments, including a $200 million treasury investment by Windtree Therapeutics and a partnership with ONDO Finance. Additional contributing factors include record-high decentralized exchange volumes on the BNB Chain, a 5% growth in stablecoin supply, and ongoing deflationary tokenomics through regular token burns. The passage of the GENIUS Act in the U.S., supporting stablecoin regulation, has also provided a favorable backdrop for BNB’s network activity.

Currently, BNB ranks #5 by market capitalization at $106.21 billion, with a 24-hour trading volume of $2.49 billion and a circulating supply of 139.29 million coins. The asset has outperformed the broader crypto market over the past week, with its price approaching its all-time high of $793.29.