$BB Token Reaches New All-Time High at $0.89
BounceBit’s native BB token has surged to a record high of $0.89, driven by increasing total value locked (TVL), upcoming feature launches, and strong cross-chain adoption. This milestone follows closely on the heels of BB surpassing the $0.80 mark, reflecting sustained buying interest from both retail and institutional investors.
Trading volume on Binance has risen by 55% in the past 48 hours, with the BB/USDT pair accounting for the majority of activity.
Market analysts attribute the rally to several key factors:
Anticipation of the Solana bridge launch
Beta rollout of NFT staking
Growing demand for BB as validator staking collateral
The circulating supply remains tight due to significant long-term staking commitments, with over 62% of BB tokens locked in staking contracts, reducing sell pressure and supporting upward momentum.
From a sentiment standpoint, the rally is drawing fresh speculative interest, while long-term holders remain confident in the project’s growth. Several crypto research firms have upgraded BB’s outlook, highlighting its strong fundamentals and robust product pipeline.
If momentum continues, BB is poised to test the psychological $1 price level in the coming weeks—an important milestone for the project.
