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The crypto market is reacting strongly to Donald Trump’s growing influence after his recent decision to pardon Binance founder, CZ. The news sparked a quick recovery in Binance Coin (BNB), which jumped by over 5% in the past 24 hours, now trading around $1,139.
Here’s where BNB price heading Next?
Trump Just Pardoned Binance Founder CZ
U.S. President Donald Trump has officially pardoned Binance founder Changpeng “CZ” Zhao, calling his conviction part of a “politically motivated prosecution” under the Biden administration’s crypto crackdown.
Meanwhile, the decision has stunned financial markets and ignited debate over the Trump Administration’s increasingly crypto-friendly stance.
White House Press Secretary Karoline Leavitt said the move reflects Trump’s goal to “restore fairness and support innovation” in digital finance.
Following the announcement, CZ thanked Trump and the American people on X, saying the pardon symbolizes “America embracing innovation again.”
BNB Token Listing On Coinbase & Robinhood
Adding to the bullish momentum, two major platforms have announced support for Binance’s BNB token. Crypto exchange Coinbase revealed plans to list BNB, a rare move considering it’s a competitor’s native token.
Meanwhile, Robinhood also announced the listing, allowing U.S. users easier access to BNB and giving many non-crypto investors their first chance to trade the token.
BNB Strong Recovery After Sharp Correction
Minutes after the announcement, BNB’s price has bounced strongly after testing the support zone between $1,050 and $1,080, which matches the upward trendline formed since mid-June.
This area acted as a solid buying zone, stopping further losses and helping the coin regain strength.
At the same time, Open Interest in BNB futures rose 4%, showing growing interest from traders and institutions. This rise often signals improving market sentiment and expectations of bigger price moves ahead.
BNB Price Eying $1350
The combination of technical strength and positive news flow has created what many traders describe as “breakout vibes.”
If BNB closes above $1,147, analysts expect momentum to accelerate toward the next resistance near $1,350, a level that previously marked the coin’s local top in early October.