BNB Token Surges 2.05% as Hackathon Launch, User Growth, and Revenue Boost Fuel Rally

BNBUSDT has experienced a 2.05% price increase in the last 24 hours, rising from 651.90 to 665.29. This positive movement is primarily attributed to renewed optimism around the BNB ecosystem, driven by the upcoming BNB Hackathon launch on June 11, 2025, which features dedicated tracks for AI, DePIN, DeSci, and DeSoc. Additional contributing factors include a recent technical rebound from the $631 level, strong buying interest at support zones, and a V-shaped recovery pattern identified by analysts. Improved fundamentals, such as a 26.4% increase in daily active users and a 58% rise in Q1 revenue to $70.8 million, have also supported bullish sentiment. The current market context reflects heightened activity and engagement across the BNB Chain, with the token trading at 665.29 and maintaining a market capitalization of $94.97 billion, while traders monitor upcoming U.S. inflation data for further direction.