BNB Token Surges 2.22% After 34th Burn and $100M Liquidity Program Boost Ecosystem

BNBUSDT has risen 2.22% over the past 24 hours, currently trading at 951.77 USDT, with a 24-hour open at 931.11 USDT. The price increase is primarily attributed to recent positive developments, including Binance’s 34th quarterly BNB token burn, technical improvements from the BNB Chain Fermi upgrade, and heightened ecosystem activity from Binance Launchpool and lending platforms. Additionally, the launch of a $100 million liquidity program by the BNB Chain Foundation and generally bullish market sentiment, as reflected in increased futures open interest and long-to-short ratios, have contributed to the upward movement. The latest trading session recorded strong volume, with significant market capitalization and continued active participation within the Binance ecosystem.