Binance-adjacent cryptocurrency BNB (BNB) climbed to its highest price since the crash of FTX, leaving behind last year’s worries about the crypto exchange’s legal troubles.
BNB, the fourth-largest cryptocurrency by market capitalization, hit $387 during the day for the first time since Nov. 2022, gaining 7% over the past week.
BNB is closely linked to Binance. It was issued by the crypto exchange in 2017 and powers the blockchain ecosystem BNB Chain.