BNB Token Jumps 2.38% Amid Binance’s 8th Anniversary, Trading Volume Surges Nearly 50%

BNBUSDT has experienced a 2.38% price increase over the past 24 hours, rising from an open of 688.78 to a current price of 705.19. This upward movement is attributed to heightened market activity surrounding Binance’s 8th anniversary event, which has generated increased interest and participation from traders, as well as a notable 49.80% surge in trading volume. Additional factors contributing to the positive sentiment include recent analyst reports highlighting bullish momentum, accumulation by traders, and key resistance levels being tested near $695. The market remains active, with BNB’s market capitalization estimated between $90.32 billion and $102.11 billion, and the asset ranked among the top five cryptocurrencies by market cap.