- Trump pardons CZ, sparking a 5% surge in BNB’s price.
- BNB listed on Robinhood and Coinbase, boosting U.S. exposure.
- BNB market cap tops $156B, reflecting renewed investor confidence.
BNB, the native token of the BNB Chain ecosystem, surged 5.3% to $1,128 after U.S. President Donald Trump granted a presidential pardon to Binance founder Changpeng “CZ” Zhao. The move, confirmed by White House press secretary Karoline Leavitt, triggered a rally across Binance-linked tokens and exchange-related assets within minutes.
BNB’s market cap jumped back above $156 billion, erasing a week of losses. Meanwhile, Bitcoin traded near $109,700, and Ethereum hovered around $3,854 as the total crypto market cap rose to $3.76 trillion.
BNB Listings Add Fuel to the Rally
The price surge coincided with BNB’s simultaneous listing on Robinhood and Coinbase, signaling broader acceptance of the token in the U.S. CZ highlighted the milestone on X, noting BNB’s expanding mainstream reach amid growing regulatory clarity under the Trump administration.
These listings reflect a larger trend of U.S. exchanges opening up to Binance-linked assets, further legitimizing BNB’s place among the top-tier cryptocurrencies.
BNB’s Deep Ties to CZ and Binance
BNB, launched in 2017 as a utility token for discounted trading fees on Binance, has evolved into the lifeblood of the BNB Chain ecosystem. Its performance remains closely tied to Binance’s brand and CZ’s leadership, even after his 2023 conviction and resignation as CEO.
In essence, BNB’s market trajectory mirrors investor confidence in Binance itself — a reminder of how exchange tokens operate as both corporate proxies and ecosystem assets.
