Binance Announces Listing of Skate ($SKATE) for Spot and Futures Trading

Binance, the world's leading cryptocurrency exchange, is set to list Skate ($SKATE) on its Alpha platform on June 9, 2025. Spot trading for SKATE will begin at 10:00 UTC, followed by perpetual futures contracts at 10:30 UTC, offering up to 50x leverage on the SKATE/USDT pair. This dual listing strategy is designed to enhance liquidity and trader engagement for the newly listed asset, showcasing Binance's commitment to expanding its derivative offerings in response to growing demand in the crypto market.

Binance to List Skate ($SKATE) for Spot and Futures Trading

Binance will add Skate ($SKATE) to its Alpha platform on June 9, 2025, with spot trading commencing at 10:00 UTC. Perpetual futures contracts for the token will follow at 10:30 UTC, featuring up to 50x leverage on the SKATE/USDT pair.

The dual listing strategy aims to boost liquidity and trader engagement for the newly listed asset. Binance's move reflects the exchange's continued expansion of derivative products amid growing demand for Leveraged crypto exposure.

BNB Technical Analysis Signals Bullish Momentum Toward $700 Threshold

Binance Coin (BNB) exhibits strengthening bullish signals as it consolidates within a $531-$725 trading range established since December 2024. The token currently trades at $669.52, with technical indicators suggesting accumulation and upward potential.

Binance Smart Chain's on-chain metrics reveal surging activity, with decentralized exchange volume hitting $178 billion in May—a clear indicator of growing network utility. The recent price recovery from June lows follows a brief correction from $690 to $640 in late May.

Weekly charts demonstrate constructive price action, forming higher lows since finding support NEAR $600 earlier this year. A bullish MACD crossover reinforces the positive technical outlook, with traders now eyeing the $700 resistance level as the next psychological benchmark.