BNB Token Surges 2.38% on Binance Amid $3.55B Volume, Fermi Hardfork Boosts Activity

BNBUSDT has experienced a 2.38% price increase in the last 24 hours, rising from a 24h open of $752.91 to a current price of $770.80 on Binance. The positive movement follows heightened trading activity, with 24-hour volume reaching $3.55 billion and a notable 21.90% surge from the previous day, possibly linked to increased engagement from Binance's ongoing promotional events and recent network upgrades such as the Fermi Hardfork. Despite recent bearish pressure driven by broader market corrections, high volatility, and technical factors like the approach of a "Death Cross" on EMAs, BNB continues to see substantial trading on Binance, with the BNB/USDT pair remaining the most active. Over the past 24 hours, BNB has traded between a high of $784.97 and a low of $731.63, and maintains a market capitalization near $105.69 billion, ranking as the fourth largest cryptocurrency.