$FRAX (prev. FXS) is the Frax network’s main token, updated after its rebrand from $FXS Widely traded on Binance with notable volatility and price movement. Currently trading around $1.20 with strong recent gains (~48% in 24h).
🟢 Positive Factors:
✔️ Strong upside & higher trading interest
✔️ Rebranding & ecosystem upgrades build confidence
✔️ Used for governance & staking in Frax ecosystem
⚠️ Risks / Volatility:
⚠️ Price can move quickly in both directions
⚠️ Technical resistance near recent highs may limit short-term gains
📊 Summary:
FRAX is trending upward with short-term momentum, but remains volatile — trade smart and manage risk.
