BNB, Binance's cryptocurrency, is gaining value. Its price has been rising, with a strong rally starting in early 2024. Now, at the end of the year, BNB is climbing again and reaching its all-time high 4 days ago. Recent price increases match higher trading volume, showing more interest from investors.
Volume often rises before or during price moves. The 30-day moving average (white line) shows trading activity has been growing since mid-2023. This average is now near its all-time high, reflecting strong interest in Binance and the BNB coin.
The growth in 2024 may be due to positive changes in Binance or better market conditions.
Written by maartunn
