Bullish Catalysts Align for Binance’s BNB: SEC News, ETF Filing, Record Volume

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Binance Coin (BNB) price chart shows upward trend following news of SEC case dropped and VanEck spot ETF filing.
  • Binance community members are excited about developing events around BNB.
  • The SEC has dropped the case against Binance and its former CEO, Changpeng Zhao.
  • BNB’s next surge could push the cryptocurrency to a new all-time high.

Excitement is definitely building among Binance community members today. A string of positive events appears to be lining up, potentially triggering a strong bullish signal for BNB, the ecosystem’s native token. The key developments adding to BNB’s bullish catalysts are:

The SEC has dropped its case against Binance and its former CEO, Changpeng Zhao, and, in a separate move, investment firm VanEck has just filed for a BNB spot ETF. Add to that, the BNB Chain hit $178.2 billion in transaction volume in May 2025, while the Maxwell hardfork, to launch in June 2025, is all set to make it a faster Layer 1 network.

“Alignment of Stars”: Influencer, Community Bullish on BNB’s Prospects

A BNB influencer on X described the events as an “alignment of stars” that could trigger a significant bullish sentiment for the cryptocurrency. 

Several other BNB supporters responding to the influencer’s latest post maintained a similar sentiment, sharing the belief that the recent events would ‌affect BNB’s prospects and trigger a bullish price movement.

BNB Price Responds: Surges to $671, Extends Recovery

In the meantime, BNB surged 1.63% on Wednesday morning to continue its recovery from last week’s decline. The cryptocurrency bounced off a $646 support level last Saturday and traded for $671.5 at the time of writing.

Related: Crypto’s Strongest Alts: Why Now Might Be the Moment to Accumulate $QNT, $LINK, $BNB

The recent short-term rally extends from BNB’s breakout above the $645 level after a range-bound trend between February and May 2025.

Resilient Performer: BNB’s Strength After 2024 Rally and Q1 Consolidation

It is worth noting that BNB is one cryptocurrency that resisted the bearish pressure of Q1 2025 after a bullish 2024 season. The Binance ecosystem’s native coin resisted the drop after last year’s 295% rally. Instead, according to data from TradingView, BNB consolidated sideways with a maximum drawdown of less than 36%.

Related: SEC Backs Down From Binance, Zhao Case Citing Discretion, New Crypto Strategy

Last December’s $794.3 high marked an all-time high for BNB and aligned with a bullish period for the cryptocurrency market. The Binance-based cryptocurrency’s price action suggests an existing bullish momentum that could see the digital asset pursue a retest of the all-time high. However, the alignment of positive events, as highlighted by the BNB influencer, could form the tailwind for altcoin’s next move, which could see it achieve a new all-time high.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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