BNB Token Surges 3.58% to New All-Time High, Fueled by Developer Activity and $40M Ecosystem Fund

BNBUSDT has experienced a 3.58% price increase over the past 24 hours, currently trading at 866.01 USDT. The recent surge to a new all-time high above $880 is attributed to heightened developer activity on BNB Chain, successful campaigns such as the Bitlayer CreatorPad Mindshare and Web3 Wallet rewards, and significant ecosystem developments including KernelDAO’s $40 million fund and Lista DAO’s token burn and TVL growth. Despite external news regarding Windtree Therapeutics, BNB maintained strong bullish momentum, supported by increased liquidity, user activity, and positive technical indicators. The market remains active, with a 24-hour trading volume of approximately $3.69 billion, a market capitalization near $120.49 billion, and BNB ranked #5 by market cap.