BNB Surges 2.87% on Technical Upgrades, Abu Dhabi Approval, and Bullish Trading Volume Spike

BNBUSDT has experienced significant volatility over the past 24 hours, with the current price at 919.28 USDT, up 2.87% from the 24h open of 893.61 USDT. The recent price increase can be attributed to positive market sentiment following Binance's regulatory approval from Abu Dhabi Global Market, which supports institutional presence, and technical upgrades to the BNB Chain ecosystem that have improved transaction speed and reduced costs. Bullish momentum was reinforced by the formation of a bullish engulfing pattern near the 890 USDT level, prompting increased trading activity and a shift toward long-side participation. The market remains highly active, with trading volume reported between $1.36 billion and $1.92 billion, and BNB maintaining a top-five market capitalization, currently estimated between $122.32 billion and $126.13 billion.