The price of OpenLedger (#OPEN) has risen by 485% in the last 24 hours. The main reasons are the recent listing on the Binance exchange, the partnership with Trust Wallet, and incentivizing airdrop campaigns. The listing on Binance significantly increased the token's availability and liquidity, leading to a surge in demand. Additionally, the limited supply at the time of listing and community activity reinforced the positive trend.

In-depth analysis

Over the past 24 hours, the price of OpenLedger (OPEN) has significantly increased — by 485%. This is due to several key factors:

  1. Listing on Binance
    On September 8, the OPEN token was added to one of the largest cryptocurrency exchanges — Binance. This event is very important as it opens access to the token for millions of users and increases its liquidity. Increased demand for the token against limited supply (at the time of listing, only 21.55% of the total supply was in circulation) led to a sharp price increase.

  2. Partnership with Trust Wallet
    On August 6, a collaboration with Trust Wallet — a popular crypto wallet — was announced. This partnership enhances trust in the project and simplifies the use of the token for users.

  3. Airdrop and Token Generation Event (TGE) campaigns
    To stimulate interest and retain users, campaigns with free token giveaways (airdrops) were conducted, especially for BNB holders. This created additional demand for the token before the listing.

  4. Community activity and social media
    The project has over 443 thousand followers on X (formerly Twitter), where news and prospects of OpenLedger are actively discussed. Attention to the blockchain and artificial intelligence topics also supports investor interest.

  5. Market sentiment indices
    The fear and greed index is in the neutral zone, while the Altcoin Season index has risen by 46% over the past month, indicating increased interest in altcoins, including OPEN.

Technical analysis at the moment does not provide significant data, so the price increase is primarily explained by fundamental events — listing on Binance, partnerships, and positive community perception.

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In brief

OpenLedger (OPEN) has risen by 485% in the last 24 hours, significantly outpacing the overall cryptocurrency market. The main drivers are the listing on Binance, strategic partnerships, and strong tokenomics.

  1. Listing on Binance — OPEN appeared on Binance Spot on September 8, increasing liquidity and recognition.

  2. Integration with Trust Wallet — the launch of AI-based features in the wallet with over 200 million users stimulated the growth in popularity.

  3. Tokenomics — transparent token distribution (21.55% in circulation) and incentivizing airdrop campaigns increased demand.

Details

1. Listing on Binance and increased liquidity (positive factor)

Overview: OPEN began trading on Binance Spot on September 8, 2025, at 13:00 UTC with trading pairs USDT, USDC, BNB, FDUSD, and TRY. The exchange also held a HODLer Airdrop event, distributing 10 million OPEN (1% of the total supply) to users holding BNB.

What it means: Listing on leading exchanges like Binance usually triggers short-term volatility due to increased availability and speculative trading. The airdrop created additional demand from BNB holders, while the limited initial supply of tokens in circulation (215.5 million OPEN) reinforced the upward trend.

What to pay attention to: Possible selling pressure after the listing when airdrop recipients take profits. Watch the order book depth for OPEN/USDT on Binance.

2. Integration with Trust Wallet based on AI (positive factor)

Overview: On August 6, OpenLedger partnered with Trust Wallet (over 200 million users) to launch an AI-supported interface that allows managing DeFi teams in natural language. Early users gained access to automatic transaction routing features.

What it means: This integration makes OPEN an important part of the infrastructure for AI-oriented Web3 applications. The large audience of Trust Wallet can provide stable demand for OPEN tokens, which are used to pay fees and AI services within the ecosystem.

Key indicator: The level of usage of AI features in Trust Wallet, data on which is expected in Q4 2025.

3. Tokenomics and community activity (mixed effect)

Overview: The tokenomics of OPEN are focused on community rewards (51.7% of tokens allocated) and utility (payment for fees and AI services). Social campaigns, such as the Kaito Trading Challenge, distributed 5 million OPEN, while influencers promoted the project as a 'top' in the field of merging AI and blockchain.

What it means: Transparent token distribution alleviated concerns about mass sell-offs by early investors (18.29% of tokens are locked for 12+ months). However, the sharp rise of 485% occurred amidst relatively low liquidity (24-hour trading volume — $950 million with a market capitalization of $255 million), increasing volatility risks.

Risks: The question is whether the protocol fees from AI services can provide long-term value to the OPEN token or remain speculative.

Output

The sharp rise of OPEN is due to a combination of increased liquidity thanks to the exchange listing, strategic integrations, and excitement around the AI-blockchain concept. The listing on Binance and partnership with Trust Wallet confirm the utility of the token, but it is still in a price discovery phase with high volatility.

What to watch: Will OPEN hold above $1.00 after the airdrop concludes on September 9? Keep an eye on trading volumes and updates from developers regarding the implementation of AI models.