Binance Launches U.S. Equities Trading with $143 Million Daily Volume

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

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Significant Daily Volume: Binance's newly launched U.S. equities trading product averaged $143 million in daily volume during its first week, indicating strong market demand and bridging the gap between traditional equity markets and crypto infrastructure.
Youth Engagement: Data from the first week shows that 25% of early users are under 25 years old, suggesting that the offering resonates with younger demographics, which could enhance long-term retention and portfolio growth on the platform.
Market Expansion Strategy: By offering stock trading, Binance is transitioning towards a multi-asset platform beyond its core crypto trading business, particularly in emerging markets where demand for U.S. equities is rising, highlighting the potential of crypto platforms as alternatives to traditional financial products.
Sustained Volume Challenge: While the initial trading volume is promising, the upcoming weeks will be crucial in determining whether this volume can be maintained or increased, with Binance needing to ensure execution quality and asset availability to attract and retain equity traders.

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Technical Analysis for PLUME

Technical Sentiment Analysis for Plume (PLUME). As of , Plume (PLUME) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PLUME stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, PLUME is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Plume (PLUME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00755	0.0086	0.00975	0.0108	0.0119	0.013	0.0141
Fibonacci	0.0086	0.00944	0.00996	0.0108	0.0116	0.0122	0.013

About PLUME

Plume Network is the first full-stack L1 RWA Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 180+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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