- THENA skyrocketed 1,581% post-Binance listing, with trading volumes reaching $608M.
- Binance integrates THENA into platforms, boosting liquidity and broadening adoption.
- BNB Chain grant, airdrop of 21.75M THE, and ecosystem milestones drive demand.
Thena (THE) saw a price jump of 1,581% within 24 hours, driven by Binance’s announcement of its listing. This launch marks a significant step for the project, increasing its market presence and liquidity while attracting increased interest from traders.
On November 26, Binance revealed plans to list THE, sending its price up from a low of $0.1682 to a peak of $2.8900 in just one day. The trading pair THE/USDT recorded major activity, with a 24-hour trading volume hitting $303.49 million.
Binance Increases THENA Ecosystem Integration
The listing announcement detailed Binance’s plans to add multiple trading pairs for THE, including THE/BTC and THE/USDT. Trading started on November 27, while further integrations into Binance’s platforms will increase the token’s accessibility.
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For example, Binance Simple Earn now gives users flexible subscription options for THE, and the Auto-Invest feature will allow them to make purchases using various payment methods starting November 28 at 10:00 UTC.
These integrations aim to boost the token’s liquidity and visibility, possibly encouraging broader adoption. The announcement comes alongside the token’s developments, including its position as an ecosystem innovator on the BNB Chain, with features like Weighted Pools and Metastable Pools.
Trading Activity Shows Growing Interest
THE has seen remarkable trading activity, with 24-hour trading volumes reaching $608.21 million, a 1,344.22% increase as of this writing. The token’s market capitalization also grew, hitting $206.17 million, a 357.16% rise.
The trading chart shows a sharp vertical breakout, demonstrating high demand and risky trading. After reaching a peak of $2.8900, the price fell and is now around $2.34, suggesting possible consolidation as traders consider the token’s value after the surge.
Thena’s sudden price increase is in line with its achievements in the crypto industry. One key example is the BNB Chain grant given to support the development of the THENA ARENA platform. Also, crypto analyst Karan Singh Arora noted an airdrop that happened from November 6–13, where 21.75 million THE tokens, or 7% of the total supply, went to BNB stakers.
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 surged 1,581% after its Binance listing, reaching $2.89 as $608M in trading volume, integrations, and airdrops fueled demand.){kind=link}