Market Highlights – August 11, 2025
Here’s the latest Binance (#BNB ) market snapshot for August 11, 2025:
Market Highlights – August 11, 2025
Binance’s Official Market Update
The total cryptocurrency market cap stands at $3.95 trillion, up 0.24% over the past 24 hours.
#Bitcoin (BTC) is trading between $117,940 and $122,335, with the current price around $121,295, marking a +2.56% gain today.
Top gainers include:
#zro (+29%)
#LISTA (+24%)
#STG (+22%)
BNB Price Movement
Binance Coin (BNB) is trading near $813.79, with a daily increase of about 1.48%.
Other reports show similar resilience, with BNB hovering around $810–$817, indicating ongoing bullish momentum.
BNB’s market cap has surged to approximately $114.36 billion, overtaking brands like Nike and MicroStrategy. Analysts point to continued upside potential toward $1,200, though caution remains due to possible profit-taking.
Crypto Market Cap Hits New High
Data from CoinGecko (via Binance) confirms that the global cryptocurrency market cap has climbed to a new record high of $4.13 trillion, surpassing the previous $3.9 trillion benchmark.
Binance Alpha Launches Xeleb Protocol (XCX)
Binance Alpha is launching the Xeleb Protocol (XCX) on August 11, featuring an airdrop: eligible users (with at least 200 Alpha Points) can claim 800 XCX tokens, with trading opening at 4:00 PM UTC. Airdrop participation costs 15 points and the eligibility threshold drops every hour.
Collateral Ratio Adjustments (Portfolio Margin)
Binance announced upcoming changes to the collateral ratios for several assets, effective from August 12 and August 15, 2025 (06:00 UTC). Highlights:
PENDLE: 35% → 50%
SOPH, TURBO, A2Z, ILV, TREE: notably increased ratios
VET, QNT, XEC, CELO, 1000SATS, ONE: seeing reductions in collateral ratio
Major Withdrawals by Amber Group
Over the past three days, Amber Group withdrew 358,000 UNI tokens (~$3.81 million) from Binance. The position currently shows an unrealized profit of approximately $230,000.
Summary Table
