BNB price surged back towards $650 as futures traders increasingly bet on further upside for the token.

After touching an intraday low of $627 on Sunday, BNB (BNB) price rebounded back to $646 at the last check on Monday morning, March 25.

BNB price rebounded in tandem with the broader crypto market as investor appetite for risk assets improved on hopes of peace between the U.S. and Iran. Notably, crude oil prices fell sharply back below $100 to trade around $87 per barrel as geopolitical tensions eased. Bitcoin (BTC) has climbed back above $71,000 while Ethereum (ETH) approached the $2,200 level.

The traditional market also seemed to catch a bid with Asian stocks, such as Japan’s Nikkei 225, the Hang Seng, and the Shanghai Composite, all posting gains.

On the derivatives market, traders have scaled up their bets on BNB, adding more liquidity to the ecosystem.

CoinGlass data show that open interest for BNB futures has increased by 6.5% to $923 million over the past 24 hours, with a long/short ratio of over 2.21 on the crypto exchange Binance. This indicates that market participants are overwhelmingly positioned for a breakout as bullish conviction reaches its highest point this month.

BNB’s price action on the daily chart presents a bullish outlook for the token over the coming sessions.

BNB price has rebounded above an ascending trendline that has been acting as a dynamic support for the token over multiple weeks. As long as BNB price remains above the support trendline, the overall structure remains firmly in the hands of the buyers.

The trendline forms the lower boundary of an ascending parallel channel pattern, another popular bullish pattern in technical analysis.

Additionally, a look at technical indicators shows that bulls are regaining their momentum and control over the market. Notably, the 20-day SMA has formed a bullish crossover with the 50-day SMA, while the relative strength index is close to breaking above neutral levels to signal that the path of least resistance is now to the upside.

While this still means that volatility could persist, especially if the broader market sentiment improves as further details emerge over the potential peace negotiations between the U.S. and Iran, the outlook is promising.

For now, traders should keep an eye on $685 as the next key resistance level where BNB faced stiff rejection several times during its rally earlier this month.

A breach above the neckline could catapult the price towards the 100-day SMA above $750. On the contrary, if BNB price slips below the $600 support, it could invalidate the current bullish thesis and lead to a retest of lower demand zones.

Enlivex has raised $21 million through a debt financing deal as it expands its treasury tied to the prediction market token Rain.

The immunotherapy company said the new funding will support its operating plan and help it buy more RAIN tokens while extending its purchase option through December 2027.

Enlivex said it exercised an option on Sunday to buy another 3 billion RAIN tokens for $10 million. The company said the purchase price reflected a 62% discount. It also extended its option to buy another 272.1 billion RAIN tokens at the same price through December 2027.

The financing came from The Lind Partners, a New York-based asset manager. Enlivex executive chair Shai Novik said, 

“We are continuing to execute our prediction markets treasury strategy, and we are pleased that Lind provided us with substantial capital, allowing us to continue the execution of our operating plan, as well as to acquire approximately three billion additional RAIN tokens.”

Debt deal comes with share buyback plan

Enlivex said it also approved a $20 million share buyback program. The company said the move is aimed at supporting shareholder value while it continues to build its treasury strategy around prediction markets.

The company is known for developing cell therapy products for knee osteoarthritis. At the same time, it has joined a growing group of non-crypto firms that are adding digital assets to their balance sheets. These companies are using token holdings as part of broader capital and treasury plans.

In addition, the value of Enlivex’s RAIN treasury depends on activity on Rain’s decentralized prediction market platform. Rain has a built-in 2.5% fee, and the protocol uses that fee to buy back and burn RAIN tokens. The model is designed to reduce supply while linking token demand to platform usage.

Rain runs on Arbitrum, an Ethereum layer-2 network. DeFiLlama data places Rain among the top 10 prediction market platforms by total value locked and fees over the past seven days. Prediction markets have grown fast over the past year, with trading volume rising more than 1,200% to $23.3 billion between February 2025 and February 2026.

RAIN and ENVL traded near flat after the news

RAIN rose 7% after the announcement and reached $0.009 before easing to $0.0088. CoinGecko data showed the token was up 0.3% over the past 24 hours by the time of reporting.

Enlivex shares also moved only slightly during regular trading. The stock closed Tuesday down 0.9% at $1.10, then rose 4.5% in after-hours trading to $1.15. Kalshi and Polymarket still lead the prediction market sector and account for more than 80% of total trading volume.

Bitcoin (BTC) rose back to around $71,000 on March 25 after falling below $69,000 a day earlier, as traders reacted to fresh uncertainty linked to the Middle East conflict. 

The recovery added to a mixed market session in which most large-cap altcoins posted limited daily moves. The broader crypto market also moved higher. Total market capitalization added about $20 billion in one day and approached $2.53 trillion, while Bitcoin’s market share held near 56.5%.

Bitcoin faced pressure over the past week after it failed to hold the $76,000 level. The pullback pushed the asset down to $69,000 last Thursday, with market sentiment turning cautious after the Federal Reserve kept interest rates unchanged and geopolitical tension increased.

The asset later bounced to $71,000 over the weekend, but another wave of selling followed after Donald Trump made statements about Iran. Bitcoin then fell back to $69,000 on Tuesday before recovering again to around $71,000 at press time.

The latest price swings came as traders responded to reports tied to the Middle East conflict. Trump said he would “pause all military actions against Iran’s power plants” and claimed both sides had reached a “deal.”

Iranian officials rejected those claims, which added more uncertainty to the market. Bitcoin briefly moved higher after Trump’s remarks, then lost momentum after the denial and the release of more disputed reports from the war front.

Altcoins Post Mixed Daily Performance

Most major altcoins traded in a narrow range during the session. Ethereum moved close to $2,200 after a small daily gain, while BNB neared $650. XRP held the $1.40 support level, and Solana climbed back above $90.

Among the larger-cap assets, Stellar posted one of the strongest gains. XLM rose about 8% to $0.18, while HYPE advanced more than 6% and traded above $40.

SIREN remained one of the most active tokens in the market. The AI-linked asset had surged to a record high of $3.65 after several triple-digit moves, then dropped by more than 70% before rebounding again.

At press time, SIREN traded near $2.20 after gaining more than 100% in one day. The move came as community members continued to question the token’s purpose and wallet concentration.

Aave Labs plans to use idle liquidity in its lending system to generate extra yield as it moves closer to its V4 upgrade. 

According to a blog post, the firm said the new Reinvestment Module will deploy unused funds into low-risk strategies while keeping assets available for withdrawals and borrowing. The update comes as Aave also moves through governance changes tied to the V4 rollout.

Aave Labs said a large share of capital on the protocol sits unused at any given time. Out of about $20 billion in stablecoin deposits, roughly $6 billion remains idle to support instant withdrawals and loan demand.

The firm said V4 will address that gap through a new Reinvestment Module. The module will monitor unused liquidity and direct part of it into approved strategies that can generate added returns without locking user funds.

Under the V4 design, a central liquidity hub will collect supplied assets and route them across lending markets, also called spokes. Each spoke will operate with its own rules, use cases, and risk settings.

When excess liquidity builds up, the Reinvestment Module will allocate capital into strategies approved through governance. These may include short-term Treasuries, money markets, and delta-neutral trades. When borrowing demand rises again, the module will pull capital back and rebalance automatically.

Furthermore, Aave Labs said the system will be configured for each asset separately. Stablecoins, ether, and other supported assets may follow different strategies, limits, and activation settings based on the asset profile.

For users, the change is meant to stay in the background. Depositors will still be able to access funds without lockups, while idle reserves may earn added yield. Aave said, 

“The module also makes Aave more useful to institutions and protocol integrators by increasing yields and adding strategy flexibility.”

V4 advances as governance changes continue

The firm said historical data suggest the approach could improve returns. Based on Aave’s estimates, reinvesting excess stablecoin liquidity at rates close to SOFR would have raised average yields from about 4% to 4.9%.

At the same time, the Aave DAO has advanced a request-for-comment proposal tied to V4 deployment. The upgrade now moves closer to launch as several long-time contributors, including BGD Labs and the Aave Chan Initiative, prepare to step back. 

These exits came during a governance dispute and broader changes pushed by founder Stani Kulechov to speed up the V4 path and tighten DAO control over resources.

Opinion by: Xin Yan, co-founder and CEO of Sign.

Financial exclusion remains one of the most persistent challenges for national governments. World Bank data highlights how more than 1.3 billion adults remain unbanked, without access to a financial account. These people rely on cash, creating a ‘cash-digital divide’, which excludes them from the formal economy.

To bridge the divide, governments need to promote CBDCs actively. As a trusted, risk-free alternative to physical cash, CBDCs are ideal instruments for the financially excluded demographic. With a seamless entry point to the financial ecosystem, mass adoption of CBDCs is a vital catalyst and a foundational pillar for achieving universal financial inclusion.

Wider access to financial institutions is key to stimulating a country’s growth. As more people invest and participate in the formal economy, the total capital base will expand, leading to greater financial stability. Further, bringing people within the formal economy ensures the benefits of policy rate changes reach the masses, bolsters regulatory oversight and prevents fraud.

Most people within the low-income demographic depend on cash payments because cash is easy to use, accepted everywhere, does not incur transaction charges and functions as a trusted medium of exchange. 

The infrastructure needed to handle cash creates a gap between the unbanked population and the formal economy.

Financial inclusion as government policy

Establishing physical touchpoints to manage, store and handle cash at remote locations is resource-intensive. That’s why most service providers back out of offering cash-dependent financial services due to the high operational expenses.

Cash transactions also don’t leave a digital record, leading to an information vacuum for financial service providers. Consequently, institutions club the entire unbanked population as a high-risk group, denying access to insurance and credit markets.

Related: US lawmakers warn temporary CBDC ban isn’t enough, demand ‘permanent’ block

The lack of access to affordable digital payments and the absence of transaction history erode financial well-being and hinder a country’s economic growth. In this scenario, widespread access to formal financial services becomes an important government agenda.

Some central banks consider financial inclusion to be a key component of their mandate and adopt policies to ensure universal access to the formal economy. To this end, some central banks have considered issuing CBDCs to fast-track the process of developing an inclusive financial ecosystem.

CBDCs can accelerate financial inclusion

According to a 2023 study by Kosse and Mattei referenced by the IMF, about 60% of emerging and low-income countries consider financial inclusion to be one of the top three motivations for issuing a CBDC. The high confidence in CBDC stems from its properties to become the ideal bridge to the formal economy for the unbanked demographic.

CBDCs can operate via a two-tier distribution model. This model allows both commercial banks and non-banking entities to reach the financially excluded demographic. Besides expanding the financial ecosystem’s reach, non-banking intermediaries lower the high overhead costs of legacy branch-based banking.

As a significant portion of the unbanked population doesn’t have stable internet or mobile connectivity, offline transaction support is necessary. Experts have noted how CBDCs are being designed to support robust offline capabilities. Exploring high-potential technologies for short-range communication ensures resilient CBDC payments in remote areas where there is limited connectivity.

As a public-sector digital infrastructure, CBDCs are designed to prioritize public welfare over commercial profit. Stripping away the bloated overhead of legacy intermediary layers, CBDCs enable a highly optimized cost structure.

Instead of burdensome charges, users benefit from marginalized transaction costs that are de minimis, ensuring the network remains both accessible to the unbanked and economically resilient for the sovereign issuer.

Moreover, the underbanked population is more likely to trust CBDCs as a digital alternative to cash because they are aided by a credible institution. Unlike the liquidity constraints of private financial entities, CBDCs will always remain a direct liability of the central bank, making them somewhat safe.

Most importantly, CBDCs provide a portal for the financially excluded population to participate in the formal economy. It happens through the smooth exchange of transaction data between CBDCs and the broader financial services industry.

CBDCs can support privacy-preserving data sharing, allowing users to voluntarily share their transaction history to build credit scores to access savings, credit, and insurance services.

In the absence of formal credit history, lenders can use CBDC transaction data as a legitimate source to evaluate financial behavior and creditworthiness. Service providers would therefore be able to measure a customer’s risk profile and verify identity to offer credit and other financial products.

Toward CBDC mass adoption

CBDC usage is subject to digital literacy, electricity infrastructure, and access to hardware. Data shows that nations have already made enormous progress on all these fronts.

The 2025 Global Findex Database from the World Bank Group has reported that 86% of adults now own a mobile phone. Also, 79% of adults now have a bank account, and 61% are making digital payments across low and middle-income economies.

The report interestingly states that “despite high mobile phone ownership and growth in account ownership, 1.3 billion people still lack financial accounts.” This group of people have phones, personal ID, and SIM cards, which are necessary for a digitally enabled account. 

Yet, they remain financially excluded from the formal economy.

In this situation, CBDCs remain one of the primary products that can offer safe, affordable, and convenient financial services to consumers.

Central banks and national governments must adopt a holistic approach and use CBDCs to help the financially inexperienced demographic integrate with the formal economy.

Opinion by: Xin Yan, co-founder and CEO of Sign.