BNB News Today: CZ Pardon Ends Crypto War, Market Surges on Regulatory Relief

The recent pardon of Binance founder Changpeng Zhao (CZ) by U.S. President Donald Trump has ignited a surge in the crypto market, with Binance Coin (BNB) and several altcoins experiencing significant price gains. BNB jumped 3.3% to $1,126 in the 24 hours following the announcement, outpacing broader market trends, according to a Yahoo Finance report. The move, described by White House Press Secretary Karoline Leavitt as an end to the "war on cryptocurrency," has been interpreted as a green light for Binance's return to leadership under CZ, potentially easing regulatory pressures on the exchange.

The rally extended to altcoins, with World Liberty Financial (WLFI) and Aster (ASTER) among the top performers. WLFI surged 12% to a local high of $0.14, while ASTER spiked 20% to $1.13, according to a TradingView report. Despite Binance's denial of direct ties to these projects, the exchange's early listing of WLFI in September has drawn attention to its role in amplifying their visibility. ChainOpera AI (COAI) and Zcash (ZEC) also saw double-digit gains, reflecting broader optimism in the market.

Meanwhile, the meme coin sector continues to attract speculative interest. Dogecoin (DOGE) has maintained its price stability, while Dogwifhat (WIF) rallied on social media-driven momentum. However, the most notable presale activity has centered on BullZilla, a new entrant positioning itself as a top-tier meme coin with strong community support, according to a Cointelegraph analysis. Analysts attribute the surge to a combination of CZ's pardon and renewed institutional interest in the sector, though risks remain amid lingering regulatory uncertainties.

The market's reaction to CZ's release underscores the geopolitical influence on crypto dynamics. Binance's native token, BNB, saw trading volume spike 35% above its seven-day average, with traders accumulating at key resistance levels, the Yahoo Finance report noted. David Namdar, CEO of CEA Industries, highlighted BNB's strong fundamentals, including its global user base and utility in decentralized finance (DeFi) and centralized finance (CeFi) ecosystems.

The broader crypto landscape, however, remains volatile. A $19 billion market crash earlier this year has tempered some optimism, though analysts like Cointelegraph's Finance Redefined suggest Bitcoin could still reach $200,000 by 2025 if regulatory clarity persists. The interplay between macroeconomic factors and regulatory developments will likely dictate the next phase of the market's trajectory.