BNB Rallies After Trump Pardons Binance Founder CZ

BNB, the native token of BNB Smart Chain (BSC), surged sharply on Thursday following news that President Donald Trump pardoned Changpeng “CZ” Zhao, the co-founder and former CEO of crypto exchange Binance.

The token is currently trading at $1,145, up 7% on the day, according to The Defiant’s price page. BNB is currently the fourth-largest digital asset with a market capitalization of over $158 billion. Previously Binance's official platform token before a rebrand, the token and the broader BNB Chain ecosystem remain closely tied to the CEX, and officially supported by CZ.

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