Binance Futures Volume Passes $1.04T in April 

Founder and former Binance CEO, Changpeng Zhao (CZ), reacted to exchanges starting to list BNB as the exchange surpassed February and March volumes.

BNB Listed on Kraken and CZ Reaction

Kraken added BNB, which sat as a top 5 altcoin following its introduction of more new tokens, and its former CEO, CZ, expressed his positive reaction.

CZ announced through a tweet that exchanges need trading activity. He highlighted that centralized exchanges (CEX) previously had reservations about listing BNB due to regulatory compliance requirements.

The additional exchange listing stimulated market competition toward Binance. Thus, it strengthened BNB’s network infrastructure.

According to CZ, the support from Kraken for BNB brought him satisfaction as it demonstrated BNB’s global market expansion beyond Binance. This way, BNB may experience increased adoption and enhanced liquidity throughout the entire crypto market.

Binance Futures Volumes Surpass $1.04T

Binance futures volume in April 2025 exceeded $1.04 trillion, beating February and March volumes of $962.3B and $683.3B, respectively. Bear in mind that there were still days remaining in April.

Binance still maintained its leadership in the derivatives market with Bybit since its April volumes were Bybit volume in April was $409.2B but increased by about $161B from March to April.

OKX secured its biggest monthly volume total of 2025 by reporting $519.9 Billion in April. Bitget exchange reached $435.3 billion while showing a continuous improvement over the $270.6 billion recorded in March.

This way, OKX managed to multiply its March trading volume of $306.7B to reach $435.3B in April.

Market participants showed increased trading behavior as traders became active after rising volatility or forthcoming token releases. The growing ecosystem of Binance and expanding trading volumes on these exchanges could enhance interest in their native tokens, especially BNB.

However, excessive volumes during one period did not automatically lead to enduring marketplace benefits. The future market behavior seemed positive for rising exchange activity. However, a major decline in May trading would test this positive trend.

Binance Thriving in VC Holdings

Meanwhile, the upcoming release of billions in Binance-listed tokens by venture capitalists could start unfolding in May 2025 and continue until early 2026. It would have major impact on BNB price.

ZRO could be the first project after the May 2025 release of AI and PIXEL to distribute these tokens in June 2025. That could be followed by EIGEN in October 2025, before SOLV launches in February 2026 and GUN in March 2026.

Large asset unlocks did not automatically result in immediate selling. Still, the merger of significant unlock volumes and low market liquidity with high ownership concentration created increased risks of market volatility in a downward direction.

The BNB price may face indirect effects from major token events, provided that trading pair liquidity becomes restricted on Binance.

This way, the market required close observation of VC wallet movement patterns, unlock clusters, trading volume metrics, and historical post-unlock market behavior. Market timing and depth were more significant drivers than storytelling at this point.

Knowing where price action was going to occur became important for investors as crypto unlock waves made it to the market, as they affected both BNB tokens and their respective substitute crypto assets.