Binance Coin Price Eyes Breakout Ahead BNB Listing On Kraken

Binance Coin (BNB) could be on the verge of a major price movement as attention turns to its upcoming debut on Kraken, one of the longest-running cryptocurrency exchanges. Traders have begun preparing for what some call a possible shift in BNB’s trading landscape.

The Kraken Binance Coin Listing

In its latest X post, BNB Chain disclosed that the native coin will be listed on Kraken, with trading set to begin on April 22 at 14:00 UTC. Per the update, the exchange will support four trading pairs: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT.

It is worth noting that this recent development is not unusual. In November 2024, the crypto exchange revealed plans to expand its lineup with 19 new digital assets. Binance Coin was one of them, along with FWOG, DOGS, GOAT, and others. Kraken is also rolling out integration with the BNB Smart Chain to support these additions. 

Based on this development, users can interact directly with the BNB network on the platform. Expectations are high after BNB was listed on one of the industry’s most security-conscious exchanges. 

Based on general market perception, the listing is a big step for BNB, giving it more reach and opening doors for users to trade and explore the BNB ecosystem on a trusted platform.

CZ Reaction and BNB Price Reaction

Former Binance CEO Changpeng Zhao, also known as CZ, added humor to the conversation. Just hours after the listing news, CZ reposted the announcement and jokingly called BNB a “meme coin.”

Following his X post, the community responded quickly. For example, one X account noted that if BNB is a meme coin, it is steadily building a solid and functional ecosystem. Despite the meme joke, CZ once denied ties to TST memecoin, which suggests his post on X might be lighthearted.

Since the announcement, BNB has maintained a positive outlook. According to CoinMarketCap, BNB’s price was trading at $592.02, up 1.80% over the past 24 hours at the time of writing. Traders are closely monitoring whether the new exposure on Kraken will trigger a further bounce.

Token Listing in the Broader Crypto Ecosystem

The potential arrival of BNB on Kraken follows a growing trend in the crypto space. Major exchanges are racing to list more tokens as interest rebounds and U.S. crypto regulation begins to relax. 

In a recent development, leading cryptocurrency exchange Binance announced the launch of Aergo Perpetual Contracts. This news has sparked significant excitement in the community, driving the Aergo price to a new all-time high of $0.51.