BNB Token Jumps 3.38% Amid Binance’s 8th Anniversary, Trading Volume Soars 58% to $2.56B

BNBUSDT experienced a 3.38% price increase over the last 24 hours, rising from 747.36 to 772.64. This upward movement can be attributed to heightened market activity surrounding Binance's 8th anniversary event, which has driven user engagement through promotional campaigns and increased participation in soft staking and Launchpool activities. Additionally, BNB Chain's strong network performance, processing approximately 65 million transactions in the past week, has contributed to positive sentiment. Despite recent volatility and mixed short-term signals, the surge in trading volume—up 58.10% to $2.56 billion—reflects increased investor interest. BNB currently trades at 772.64 with a market capitalization of $106.07 billion, ranking it as the fifth largest cryptocurrency by market cap.