Binance Coin Surges 15% to $765 on DEX Volume and Stablecoin Growth

Binance Coin (BNB) has recently surged past $765, driven by a significant increase in decentralized exchange (DEX) volumes and stablecoin activity. This rally has been fueled by robust growth within the Binance ecosystem, which has seen a surge in DEX transactions and stablecoin usage. In the past month, BNB Chain facilitated over $191 billion in DEX transactions, outpacing other major blockchain platforms. PancakeSwap, the largest DEX on BNB Chain, has been instrumental in maintaining high DEX volumes, exceeding $40 billion for five consecutive weeks.

The recent passage of the GENIUS Act, a law aimed at reshaping the stablecoin regulatory environment, has further boosted BNB's momentum. As one of the most active networks for stablecoin transactions, BNB has seen its stablecoin supply grow by 5% in the last 30 days, surpassing $11.1 billion. BNB Chain now boasts over 14.8 million active stablecoin addresses and has processed more than 513 million stablecoin transactions worth approximately $295 billion, solidifying its role as a key player in stablecoin settlements.

Beyond ecosystem usage, BNB's tokenomics continue to provide long-term value drivers. The network's aggressive token burn mechanism removes more than $1 billion worth of BNB from circulation every month, aiming to gradually reduce the total circulating supply from 130 million tokens to 100 million. This deflationary approach enhances scarcity and potentially drives future value appreciation, making BNB particularly attractive to investors seeking assets with strong fundamental backing.

Technically, BNB is showing signs of continued bullish momentum. The token recently broke above a key resistance level at $692, completing an ascending triangle pattern—a classic bullish continuation signal. On the daily chart, BNB is holding well above both its 50-day and 100-day Exponential Moving Averages (EMAs), a sign of sustained strength. The Average Directional Index (ADX), which measures trend strength, has climbed to 31—well above the key threshold of 25, indicating that the uptrend is gaining traction. With momentum building, traders are now eyeing $792 as the next key resistance level. A breakout above that could open the door to a potential run toward the psychologically significant $1,000 mark.

As Binance Coin continues its bullish ascent, its success is being driven by a powerful combination of ecosystem utility, favorable regulation, and disciplined tokenomics. Whether it’s DeFi dominance, record-breaking stablecoin activity, or technical strength, BNB is positioning itself as a top-tier digital asset in a rapidly evolving crypto landscape. If current trends persist, BNB could soon test historic highs, solidifying its place among the most influential coins in the market.