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BNB Chain's open interest jumps 35%, outperforming DOGE and XRP amid rising trader activity.

Technical Signals
31 May 2026
UToday
View Source
Bullish
pluang ai news

BNB Chain has seen a 35% surge in open interest to $1.43 billion, surpassing Dogecoin and XRP, whose open interest remained flat or declined. This increase coincides with a 270% rise in BNB derivatives trading volume, signaling heightened trader interest and potential volatility. BNB's price rose 7.35% in 24 hours, boosted by the launch of its first US ETF on Nasdaq. Traders are watching for a breakout above $687 to confirm a new uptrend.

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