GMX Token Soars 32.8% After TWAP Execution and Governance Votes Drive $200M Trading Surge

GMXUSDT experienced a sharp 32.80% price increase in the last 24 hours, with the current price at 19.27 USDT on Binance. This surge is primarily attributed to a TWAP execution on the Binance spot market, which caused a brief 100% spike, as confirmed by multiple sources. Additional factors contributing to recent volatility include shifting market sentiment, technical rebounds from key support levels, and increased trading activity following governance votes related to fee structure and growth incentives. The 24-hour trading volume has risen substantially, with figures exceeding $200 million on some platforms, reflecting heightened market participation and volatility.