BNB token has surged over 3% in the past 24 hours, outperforming the broader crypto market's 2.43% gain. The token's price increased from $1,056 to $1,087, reaching a peak of $1,131 before a slight pullback. This rise is attributed to increased trading volume and institutional interest, notably Coinbase's potential full platform support for BNB and CMBI's tokenized USD fund on the BNB Chain.
Additionally, BNB Chain reported a record high of 3.6 million daily active addresses, highlighting growing user engagement. These developments underscore the increasing adoption of real-world assets (RWA) on the BNB Chain, further boosting the token's performance.
BNB Surges Amid RWA Adoption and Potential Coinbase Listing
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.