$BNB surged over 5.3% in 24 hours to around $1,131, with trading volume jumping 60% to $5.61B, showing strong market interest. The rally follows the presidential pardon of Binance founder CZ, easing regulatory fears and boosting investor confidence. BNB’s market cap now stands at $157B, making it the 4th largest crypto, and it’s nearing its previous high of $1,370. Recent BNB Chain upgrades—like the Maxwell Hardfork, which halved block times and cut MEV attacks by 95%—strengthened its fundamentals. Technically, BNB trades above its 200-day EMA, signaling a bullish trend with resistance at $1,160 and potential targets at $1,200–$1,500. Despite the optimism, the Fear & Greed Index remains at 32 (Fear), suggesting cautious enthusiasm as the market eyes a decisive breakout.

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