Performance OverviewOver the past 24 hours, as of October 24, 2025, Binance Coin (BNB) has recorded a 2.8% increase, advancing from $1,079 to a current price of $1,139.
Trading volume surged to $4.68 billion, reflecting heightened market participation, while the market capitalization stands at $158 billion.Key DriversThe primary catalyst was President Trump's pardon of former Binance CEO Changpeng Zhao, alleviating regulatory overhang from his 2024 conviction.
This development triggered a swift price escalation, with $BNB briefly surpassing $1,160.
Enhanced network activity on BNB Chain, coupled with new trading support from Axiom, further bolstered adoption metrics.Analytical PerspectiveSentiment on X remains predominantly positive, yet caution is warranted.
The narrow price range of $69 suggests accumulation, but dependency on Bitcoin's stability poses risks.
A potential retracement to $1,100 support levels could materialize amid lingering Binance scrutiny.Forward Outlook$BNB appears poised for a push toward $1,200, contingent on sustained volume.
Investors should prioritize risk management in this dynamic environment.
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