BNB Price Hits New Highs on Renewed Confidence in Binance After Regulatory Settlements
• BNB price climbed to $387, highest since FTX crash in November 2022, gaining 7% over past week
• BNB outperformed broader crypto market, benefitting from fading worries about Binance after 2022 regulatory troubles
• Portal's upcoming airdrop campaign for BNB holders has sparked frenzy, with $400M BNB transferred to Portal pools in 24 hrs
• BNB price struggled in 2022 as Binance faced lawsuits, but rallied after settlement with U.S. authorities in December
• Increased BNB activity from Portal promotion and users feeling better about Binance likely fueling price gains