IDEX Token Soars 24% as Binance Observation Label Spurs 926% Surge in Trading Volume

IDEXUSDT experienced a significant price increase of 24.14% over the last 24 hours, with the current Binance price at $0.02083 and a 24-hour opening price of $0.01678. The surge in price and trading volume is primarily attributed to heightened market interest following the assignment of an observation label by Binance on July 7, 2025, which increased visibility and monitoring of the asset. This was followed by a sharp rally and a 926.60% spike in trading volume, as reported by multiple sources, with social media analysts noting both increased demand and speculative activity. The price rally was further amplified by trade signals and heightened volatility, positioning IDEX as an outperformer relative to the broader cryptocurrency market. Over the past day, IDEX has seen robust trading activity, with the most active trading pair being IDEX/USDT on Binance and a circulating supply of approximately 959.59 million tokens.