$BNB sets New Record, Igniting Momentum for Ecosystem Projects
The BNB Chain ecosystem experienced a surge in activity as its native token, BNB, soared to a record high above $710 during the Asian morning, CoinDesk reported. Notably, trading volumes for tokens based on the BNB Chain spiked by 124% in the past 24 hours, with $FLOKI leading the gains with over a 25% increase, followed by $CAKE with a 15% jump. Additionally, data from DeFi aggregator DefiLlama showed an almost 8% rise in the total value locked (TVL) on BNB ecosystem projects, accompanied by net inflows surpassing $2.4 million, marking a reversal from the previous outflow trend since May 30. According to data from CoinMarketCap, BNB is currently trading at $699.18, up 8.67% over the previous day.
