CZ Pardon Sparks BNB Surge and Binance Meme Coin Rally
Donald Trump’s CZ pardon has ignited a rally across Binance assets. Binance’s native token BNB surged nearly 8% intraday, jumping from $1,076 to $1,161, and settling at $1,126 for a 15% gain over 24 hours. Aster’s ASTER token also rallied 10%, briefly touching $1.48. Key BNB Chain meme coins spiked over 30%. Equities linked to the BNB treasury—BNC and Nano Labs (NA)—rose 6% to 13%. Trump’s crypto project WLFI and its backer ALT5 Sigma jumped above 13%. The CZ pardon is seen as a bullish signal for US crypto regulation. Traders now eye BNB and high-volatility tokens for short-term moves and long-term positioning.
Bullish
The CZ pardon has directly driven up BNB’s price and spurred gains across Binance-related tokens. In the short term, traders benefit from heightened volatility in meme coins and ASTER. Over the longer term, the pardon signals a more favourable US regulatory stance towards cryptocurrency, boosting confidence in Binance’s ecosystem and encouraging strategic positioning in BNB and other high-volatility assets.