BNB Price Rockets After Trump’s CZ Pardon: Is Altcoin Season Here?

By: crypto insight|2025/10/24 08:30:06

Crypto enthusiasts are buzzing with excitement as BNB experiences a sharp uptick following US President Donald Trump’s recent pardon of Changpeng “CZ” Zhao. This move has traders predicting a bullish run for BNB, potentially sparking a wider altcoin rally that could reshape the market landscape.

Traders Bet Big on BNB’s Upward Trajectory Post-Pardon

Imagine BNB as a rocket fueled by unexpected good news, blasting off after months of hovering in uncertainty. That’s exactly what happened when Trump issued a pardon to CZ, the founder behind the popular BNB token. Back in November 2023, Zhao had admitted guilt to charges related to insufficient anti-money laundering measures, breaching financial regulations. The pardon, highlighted in reports just hours before BNB hit an intraday peak, sent the token’s value soaring by over 3.6% to around $1,121 at the time.

Fast forward to today, October 24, 2025, and BNB is trading at approximately $1,450, according to the latest market data—a testament to sustained optimism. Traders like Xeer took to social platforms, declaring, “Trump just pardoned CZ. Now we resume $BNB up only szn.” This sentiment echoes across the community, with many viewing the pardon as a green light for renewed growth. Evidence from trading volumes supports this: BNB’s 24-hour trading volume has spiked by 15% in the past day, outpacing many peers and drawing comparisons to previous bull runs where regulatory relief ignited massive gains.

WLFI Token Joins the Surge, Fueling Altcoin Season Talks

The ripple effects didn’t stop at BNB. World Liberty Financial’s WLFI token, linked to Trump’s family ventures, climbed nearly 14% to $0.1414 in the immediate aftermath, showcasing how political developments can supercharge crypto assets. As of October 24, 2025, WLFI holds steady at about $0.18, with analysts noting its resilience amid broader market fluctuations.

This momentum has ignited discussions about an impending altcoin season, where alternative cryptocurrencies outperform giants like Bitcoin. Richard Seiler from RR2Capital captured the vibe in a social media post: “Crypto could do with a catalyst right now…That may very well have been it.” On Twitter, trending topics like #BNBSurge and #AltcoinSeason are exploding, with users debating if this pardon could mirror the 2021 boom, when regulatory clarity propelled tokens to new heights. Recent updates include official statements from crypto influencers confirming lobbying efforts paid off, and Google searches for “BNB price prediction after CZ pardon” have surged by 200% in the last week, reflecting widespread interest in how this aligns with brand strategies that emphasize innovation and resilience in the face of challenges.

Traders such as Galaxy are asking, “BNB now, altcoins next?” This question ties into frequently searched queries on Google, like “What does Trump’s CZ pardon mean for crypto?” and hot Twitter debates on whether altcoins will follow BNB’s lead. Latest data shows altcoin market cap up 5% week-over-week, backed by on-chain analytics from sources like Dune, which highlight increased wallet activity—a clear sign of building enthusiasm.

Public Interest in BNB Treasuries Boosts Confidence

Adding to the narrative, BNB has caught the eye of public companies for treasury diversification, much like how corporations once piled into Bitcoin as a hedge against inflation. For instance, biotech firm Applied DNA Sciences saw its shares jump over 50% after announcing a purchase of 4,908 BNB tokens worth about $5.3 million. This move underscores BNB’s appeal as a stable yet growth-oriented asset, with real-world adoption evidenced by rising institutional holdings reported in recent financial filings.

In this evolving landscape, platforms like WEEX exchange stand out for their seamless integration of BNB trading, offering users low-fee access to spot and futures markets. WEEX enhances brand alignment by prioritizing secure, user-friendly tools that let traders capitalize on surges like this one, building credibility through robust compliance and innovative features that make crypto accessible without the hassle.

These developments come amid broader market talks, including progress on crypto legislation that could further stabilize the sector. Sharplink executive Joseph Chalom recently expressed surprise at the high levels of BTC and ETH held in ETFs, drawing a parallel to how BNB’s pardon-fueled rally might encourage similar institutional interest in altcoins.

FAQ

What does Trump’s pardon of CZ mean for BNB’s future price?

Trump’s pardon removes a key regulatory overhang, boosting investor confidence. As of October 24, 2025, BNB is at $1,450, with traders eyeing $2,000 if altcoin momentum builds, supported by increased trading volumes.

Is altcoin season starting after the BNB surge?

Many signs point to yes, with altcoin market cap rising 5% recently. Discussions on Twitter and Google searches suggest enthusiasm could spread, similar to past cycles where catalysts like this ignited widespread rallies.

How can I trade BNB amid this excitement?

Focus on platforms with strong security and low fees for BNB pairs. Monitoring real-time data and community sentiment on social media can help time entries, but always trade responsibly with evidence-based strategies.

Over the past 24 hours, the crypto market has shown strong momentum across multiple dimensions. The mainstream discussion has focused on Coinbase's official entry into the prediction market through the acquisition of The Clearing Company, as well as the intense controversy within the AAVE community regarding token incentives and governance rights.

In terms of ecosystem development, Solana has introduced the innovative Kora fee layer aimed at reducing user transaction costs; meanwhile, the Perp DEX competition has intensified, with the showdown between Hyperliquid and Lighter sparking widespread community discussion on the future of decentralized derivatives.

I. Mainstream Topics

1. Coinbase Acquires The Clearing Company, Officially Entering Prediction Market

This week, Coinbase announced the acquisition of The Clearing Company, marking another significant move to deepen its presence in this field after last week's announcement of launching a prediction market on its platform.

The Clearing Company's founder, Toni Gemayel, and the team will join Coinbase to jointly drive the development of the prediction market business.

Coinbase's Product Lead, Shan Aggarwal, stated that the growth of the prediction market is still in its early stages and predicts that 2026 will be the breakout year for this field.

The community has reacted positively to this, generally believing that Coinbase's entry will bring significant traffic and compliance advantages to the prediction market. However, this has also sparked discussions about the industry's competitive landscape.

Jai Bhavnani, Founder of Rivalry, commented that for startups, if their product model proves to be successful, industry giants like Coinbase have ample reason to replicate it.

This serves as a reminder to all entrepreneurs in the crypto space that they must build significant moats to withstand competition pressure from these giants.

2. Kalshi Launches Kalshi Research and Integrates BSC Network

Regulated prediction market platform Kalshi launched its research arm, Kalshi Research, this week, aimed at opening its internal data to the academic community and researchers to facilitate exploration of prediction market-related topics.

Its inaugural research report highlights Kalshi's outperformance in predicting inflation compared to Wall Street's traditional models. Kalshi co-founder Luana Lopes Lara commented that the power of prediction markets lies in the valuable data they generate, and it is now time to better utilize this data.

Meanwhile, Kalshi announced its support for the BNB Chain (BSC), allowing users to deposit and withdraw BNB and USDT via the BSC network.

This move is seen as a significant step for Kalshi to open its platform to a broader crypto user base, aiming to unlock access to the world's largest prediction market. Furthermore, Kalshi also revealed plans to host the first Prediction Market Summit in 2026 to further drive industry engagement and development.

3. AAVE Token Incentive Controversy Persists as Founders and Whales Increase Holdings Against the Market Trend

The AAVE community recently engaged in heated debates around an Aave Improvement Proposal (AIP) titled "AAVE Tokenomics Alignment Phase One - Ownership Governance," aiming to transfer ownership and control of the Aave brand from Aave Labs to Aave DAO.

Aave founder Stani Kulechov publicly stated his intention to vote against the proposal, believing it oversimplifies the complex legal and operational structure, potentially slowing down the development process of core products like Aave V4.

The community's reaction was polarized. Some criticized Stani for adopting a "double standard" in governance and questioned whether his team had siphoned off protocol revenue, while others supported his cautious stance, arguing that significant governance changes require more thorough discussion.

This controversy highlights the tension between the ideal of DAO governance in DeFi projects and the actual power held by core development teams.

Despite governance disputes putting pressure on the AAVE token price, on-chain data shows that Stani Kulechov himself has purchased millions of dollars' worth of AAVE in the past few hours.

Simultaneously, a whale address, 0xDDC4, which had been quiet for 6 months, once again spent 500 ETH (approximately $1.53 million) to purchase 9,629 AAVE tokens. Data indicates that this whale has accumulated nearly 40,000 AAVE over the past year but is currently in an unrealized loss position.

The founder and whale's increased holdings during market volatility were interpreted by some investors as a confidence signal in AAVE's long-term value.

4. Top Articles: DeFi Curators and Ethereum Annual Summary

In this week's top article, Morpho Labs' "Curator Explained" detailed the role of "curators" in DeFi.

The article likened curators to asset managers in traditional finance, who design, deploy, and manage on-chain vaults, providing users with a one-click diversified investment portfolio.

Unlike traditional fund managers, DeFi curators execute strategies automatically through non-custodial smart contracts, allowing users to maintain full control of their assets. The article offered a new perspective on the specialization and risk management in the DeFi space.

Another widely circulated article, "Ethereum 2025: From Experiment to Global Infrastructure," provided a comprehensive summary of Ethereum's development over the past year. The article noted that 2025 is a crucial year for Ethereum's transition from an experimental project to global financial infrastructure. Through the Pectra and Fusaka hard forks, Ethereum achieved significant reductions in account abstraction and transaction costs.

Furthermore, the SEC's clarification of Ethereum's "non-securities" nature and the launch of tokenized funds on the Ethereum mainnet by traditional financial giants like JPMorgan marked Ethereum's gaining recognition from mainstream institutions. The article suggested that whether it is the continued growth of DeFi, the thriving L2 ecosystem, or the integration with the AI field, Ethereum's vision as the "world computer" is gradually becoming a reality.

II. Mainstream Ecosystem Updates

1. Solana: Launches Kora Fee Layer and propAMM Data Research

The Solana Foundation engineering team released a fee layer solution called Kora this week.

Kora is a fee relayer and signatory node designed to provide the Solana ecosystem with a more flexible transaction fee payment method. Through Kora, users will be able to achieve gas-free transactions or choose to pay network fees using any stablecoin or SPL token. This innovation is seen as an important step in lowering the barrier of entry for new users and improving Solana network's availability.

Additionally, a deep research report on propAMM (proactive market maker) sparked community interest. The report's data analysis of propAMMs on Solana like HumidiFi indicated that Solana has achieved, or even surpassed, the level of transaction execution quality in traditional finance (TradFi) markets.

For example, on the SOL-USDC trading pair, HumidiFi is able to provide a highly competitive spread for large trades (0.4-1.6 bps), which is already better than the trading slippage of some mid-cap stocks in traditional markets.

Research suggests that propAMM is making the vision of the "Internet Capital Market" a reality, with Solana emerging as the prime venue for all of this to happen.

2. Perp DEX: Hyperliquid vs. Lighter Competition Intensifies

The competition in the perpetual contract DEX (Perp DEX) space is becoming increasingly heated.

In its latest official article, Hyperliquid has positioned its emerging competitor, Lighter, alongside centralized exchanges like Binance, referring to it as a platform utilizing a centralized sequencer. Hyperliquid emphasizes its transparency advantage of being "fully on-chain, operated by a validator network, and with no hidden state."

The community widely interprets this as Hyperliquid declaring "war" on Lighter. The technical differences between the two platforms have also become a focal point of discussion: Hyperliquid focuses on ultimate on-chain transparency, while Lighter emphasizes achieving "verifiable execution" through zero-knowledge proofs to provide users with a Central Limit Order Book (CLOB)-like trading experience.

This battle over the future direction of decentralized derivatives exchanges is expected to peak in 2026.

Meanwhile, discussions about Lighter's trading fees have surfaced. Some users have pointed out that Lighter charged as much as 81 basis points (0.81%) for a $2 million USD/JPY forex trade, far exceeding the near-zero spreads of traditional forex brokers.

Some argue that Lighter does not follow a B-book model that bets against market makers, instead anchoring its prices to the TradFi market, and the high fees may be related to the current liquidity or market maker balance incentives. Providing a more competitive spread for real-world assets (RWA) in the highly volatile crypto market is a key issue Lighter will need to address in the future.

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