Binance Legal Triumph Ignites 6,000% Surge In BNB Trading Volume

Since June, trade volume for Binance Coin (BNB) has surged almost 6,000%. Several important events inside the Binance ecosystem that have attracted the interest of both market watchers and investors will help to explain this explosive rise.

At the time of writing, BNB was trading at $579, up nearly 3% and 0.9%, respectively, in the 24-hour and weekly frames, data by Coingecko shows.

The latest ending of the SEC’s probe on Binance’s stablecoin issuer marks one of the most important factors fueling this increase. Putting an end to this investigation has provided much-needed legal clarity, solving long-standing problems that have been hanging over the Binance environment. Binance sees the SEC’s decision as a big win because it will help buyers trust them again.

SEC just silently ended the investigation against Binance.

CZ is getting out of prison next month and already announced his next 100x project.$BNB chain volume dominance is up 6000% since June.

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