Binance-Backed BNB Chain Sees THENA Token Soar 80% Amid DeFi Revival

The native token of THENA, a decentralized exchange on BNB Chain, has surged by an impressive 80% in just 24 hours, reaching its highest price point in five months. This remarkable rally comes despite a broader market pullback, highlighting growing momentum in the DeFi sector. Technical analysis indicates strong bullish sentiment, with the July 15 price surge accompanied by significantly higher trading volume. Market experts now predict THENA (THE) could soon test the $0.85 resistance level, with some analysts projecting a potential breakthrough to $2 in the coming weeks if the current upward trajectory continues. This development underscores BNB Chain's growing prominence in the decentralized finance ecosystem and demonstrates how Binance's infrastructure continues to facilitate major DeFi movements.

THENA Token Surges 80% as DeFi Gains Momentum on BNB Chain

THENA's native token THE skyrocketed 80% in a single day, defying broader market retracements. The BNB Chain-based decentralized exchange token reached five-month highs, trading at levels last seen in mid-February.

Technical indicators show strong buyer dominance, with the July 15 surge accompanied by high relative volume. Analysts suggest THE could test $0.85 in the NEAR term, with potential to breach $2 within weeks if momentum sustains.

Notably, the price surge hasn't impacted THENA's total value locked, which remains stable at $22 million. The protocol's expansion plans and strategic partnerships appear to be driving investor interest despite flat TVL metrics.

BNB Climbs as Binance Dominates Q2 Volumes Amid Crypto Rally

BNB gained nearly 2% in 24 hours, approaching $700 as buyer appetite surged during a broader cryptocurrency market rally. Binance solidified its position as the leading exchange, capturing over 35% of global trading volume in Q2 according to TokenInsights. The token serves dual purposes—offering trading fee discounts and enabling participation in platform activities.

Spot trading volumes contracted to $3.6 trillion from Q1's $4.6 trillion, reflecting shifting market dynamics. BNB's price fluctuated within a $23 range between $675 and $700, with technical resistance observed at $690-$695 levels. This volatility coincides with the token's eighth anniversary and follows a significant $1 billion token burn event.

Institutional adoption accelerates as BNB integrates with initiatives like the ONDO Global Markets Alliance. The collaboration aims to bring tokenized U.S. securities and ETFs to BNB Chain, expanding the ecosystem's financial infrastructure.

Tether Mints $2 Billion in USDT as Supply Hits Record $160 Billion

Tether, the dominant stablecoin issuer, has minted an additional $2 billion USDT on the ethereum blockchain, bringing its total supply to a historic $160 billion. CEO Paolo Ardoino framed the move as an "inventory replenish"—reserves for future issuance rather than immediate circulation.

Binance received $1 billion of the freshly minted USDT, signaling heightened trading activity across crypto markets. The transaction coincides with Bitcoin's rally past $120,000, underscoring stablecoins' role as liquidity anchors during volatility.

Tether's monthly issuance now totals $4.4 billion, reflecting surging demand in emerging markets. "This milestone validates USDT as the digital dollar for billions," Ardoino stated, emphasizing its utility in developing economies.

BNB Chain Aims for Stock Exchange-Level Speed with 2026 Upgrade

BNB Chain is setting its sights on institutional-grade DeFi performance, targeting sub-150 millisecond finality and 20,000+ TPS for complex transactions by 2026. The upgrade WOULD position the network's latency and throughput closer to traditional stock exchanges like Nasdaq, a move designed to capture institutional liquidity where microseconds matter.

Recent optimizations—including a 95% reduction in malicious MEV and $0.01 median gas fees—have laid the groundwork. The chain's Rust-based infrastructure, parallel execution, and redesigned virtual machine aim to solve the scalability trilemma without sacrificing decentralization, a pain point for competitors like Ethereum and Solana.

Uniswap Price Prediction Targets $10 After Strong Surge and $89B Open Interest Spike

Uniswap's UNI token has shown remarkable resilience, bouncing from a July 7 uptrend that faced resistance near $9.50. The price now consolidates around $9.00, with traders eyeing a potential breakout. At press time, UNI hovers at $8.97, down 1.74% on the day.

Technical analysis reveals a bullish structure on Binance's UNI/USDT chart, with higher lows forming beneath the $9.30 resistance level. The $8.60-$8.80 zone has emerged as critical support, where buyers consistently absorb selling pressure. Market participants await a decisive MOVE above $9.30 to confirm the path toward $10.

Open interest data suggests strong institutional participation, with derivatives traders maintaining bullish positions despite the temporary pullback. Volume indicators continue flashing green, signaling sustained accumulation during dips.

BlockDAG's No Vesting Pass Offers Full Liquidity at Launch in Rare Presale Move

BlockDAG, a rising LAYER 1 project, is disrupting traditional crypto presales with its limited-time No Vesting Pass. For 10 days, investors can purchase BDAG coins at $0.0016—a steep discount from the projected $0.05 listing price—with 100% of tokens unlocked at launch. This contrasts sharply with typical vesting schedules that lock tokens for months.

The project has already raised $340 million, sold 23.3 billion BDAG coins, and secured 20 exchange listings including top-tier platforms. With 200,000+ holders and 18,000 ASIC miners sold, BlockDAG's metrics suggest strong launch readiness. Late-stage buyers at $0.0030 could still see 3,000% returns at listing.