BNB Rises on Growing Regulatory Clarity, Renewed Trading Activity
- June 3, 2025
- Category:
Binance's BNB token climbed Tuesday on the back of the U.S. Securities and Exchange Commission dismissing its long-running lawsuit against the crypto exchange last week.
The token jumped from $650.28 to $673.70, a 3.6% rise, before entering a period of sideways trading and a short correction that saw it drop back down to the $665 level.
The SEC’s move comes at a time in which the exchange brought back previously restricted U.S. dollar deposit features , including ACH bank transfers, marking a partial restoration of Binance’s fiat channels on its U.S. platform.
The timing added fuel to BNB’s rally, which came amid wider global financial unease, including shifting trade policy and rising macroeconomic uncertainty.
Meanwhile, on-chain data showed BNB Chain handling $14 billion in daily decentralized exchange (DEX) volume, surpassing Ethereum and Solana combined. That scale of activity suggests BNB Chain remains a crucial venue for crypto trading despite regulatory scrutiny.