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Cryptocurrency News Articles
BinaryX (BNX) Has Experienced a Remarkable Price Surge, Doubling Its Market Capitalization in Just One Week
Mar 18, 2025 at 05:10 am
BinaryX started in 2021 as a decentralized derivative trading platform utilizing automated market makers (AMMs) for binary options trading.
BinaryX (BNX) has experienced a remarkable price surge, doubling its market capitalization in just one week to reach $750 million.
The project, which started in 2021 as a decentralized derivative trading platform utilizing automated market makers (AMMs) for binary options trading, has transitioned into a play-to-earn (P2E) game in response to the rising demand for such projects.
As a leading GameFi and IGO platform, BinaryX provides an Initial Game Offering (IGO) launchpad, enabling developers to introduce their projects while granting investors early access to promising new games. To enhance community involvement, BinaryX has integrated a decentralized autonomous organization (DAO), allowing token holders to participate in governance decisions.
With its native token, $BNX, BinaryX ranks among the top metaverse projects by trading volume on the BNB Chain, boasting a strong market cap despite the widespread market fear and negative sentiment affecting both retail investors and smart money.
The BEP-20 token currently has 380 million circulating supply out of a maximum 580 million supply.
BinaryX Rebrands to Four - A New Era for GameFi and DeFi Innovation
Since the launch of the Four.Meme fair launch platform on July 3, the project has grown alongside the expanding Meme culture within the BNB Chain ecosystem. However, the widespread adoption of the name "Four" across multiple projects has led to community confusion.
To align with its rapid expansion, BinaryX is rebranding to Four, unifying its identity with the Four.Meme platform. Recognizing that Four has evolved into a shared cultural asset in Web3, the project is changing its token symbol from $FOUR to $FORM, allowing broader use cases and community-driven innovation.
The token swap from $BNX to $FORM will occur at a 1:1 ratio. Holders on centralized exchanges do not need to take any action, as their $BNX will be automatically converted to $FORM. BinaryX will coordinate with all CEXs to update the contract address in the coming weeks.
However, holders using decentralized exchanges, cold wallets, or self-custody hot wallets like Trust Wallet will need to manually convert their tokens. To facilitate this process, BinaryX will provide a converter for seamless token migration.
$FORM will remain on the BNB Chain, ensuring compatibility with the existing infrastructure, while the total supply remains unchanged.
The rebranding aims to attract a broader community of developers and users, fostering a more dynamic and inclusive ecosystem. A stronger brand presence will also enhance visibility, making it easier for new participants to discover and engage with the project.
$BNX Price Prediction
At the time of writing, $BNX is trading at $1.61 with a market cap of $615 million and 24-hour trading volume of $518 million. $BNX price increased by 12% in the past 24 hours and 61% in the last seven days.
The token has delivered an impressive 10x return since February. However, potential investors should consider that early holders who bought at the bottom might be looking to sell after such substantial gains, which could limit further upside.
The price recently faced rejection at its previous all-time high from September. A small correction before continuing upward would be the ideal scenario.
BinaryX Gains Momentum, but Investors Eye Solaxy’s Explosive Growth
While BinaryX shows strong bullish momentum, investors are also exploring opportunities to profit through presales. One of the standout presales of 2025 is Solaxy, which is on the verge of reaching $27 million.
Solaxy, also known as the Solana Galaxy, is emerging as a major contender in the meme coin space, leveraging the Solana network. Positioned as an Layer 2 (L2) blockchain, Solaxy aims to resolve network congestion, transaction failures, and scalability challenges that have impacted Solana.
By enhancing efficiency and multi-chain compatibility, the project seeks to optimize performance and expand Solana’s capabilities. The ongoing presale for $SOLX has gained significant traction, with total fundraising nearing $26.7 million.
Investors can currently purchase $SOLX at an attractive price of $0.00166, with the next price increase set to occur in 22 hours. The project allows purchases via cryptocurrency and traditional payment methods, increasing accessibility.
Early investors also have the opportunity to stake their tokens for additional rewards, with Solaxy’s staking feature offering an APY of 152%. Over 7.5 billion $SOLX tokens have already been staked, highlighting strong investor confidence.
As meme coins continue to gain mainstream attention, Solaxy is tapping into the growing demand for meme-driven projects. The project’s tokenomics reflect a strategic approach for long-term growth, allocating 20% to the treasury, 25% for rewards,
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- Mystery HyperLiquid Trader Continues to Gain Attention by Closing $524M BTC Short and Betting $2.73M on MELANIA
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- ExoraPad, the Cutting-Edge AI-Powered IDO Launchpad on the XRP Ledger (XRPL), is Quickly Becoming the Talk of the XRP Community
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