Binance Coin ($BNB), one of the largest altcoins, has recently shown significant market resilience compared to other altcoins.
While $BNB attracts attention with its durability, it is preparing to be listed on Kraken, one of the longest-running cryptocurrency exchanges.
At this point, $BNB Chain announced that $BNB from account X will be listed on Kraken and trading will begin at 14:00 UTC on April 22. Accordingly, Kraken will support four trading pairs for $BNB: $BNB/EUR, $BNB/USD, $BNB/USDC, and $BNB/USDT.
While some users were surprised that Kraken had not listed $BNB, which is among the fifth largest cryptocurrencies by market value, some argued that the listing could be a major bullish sign for $BNB.
While the Kraken listing attracted great attention in the market, former Binance CEO Changpeng Zhao also commented on this listing.
CZ took a humorous approach to Kraken’s $BNB listing, jokingly calling $BNB a “meme coin” after news of the listing.
“$BNB is a memecoin,” CZ said in his post.
Since the announcement, $BNB has been on a positive path. According to CoinMarketCap data, $BNB is up 1.3% in the last 24 hours and is trading at $590 at the time of writing.
At this point, investors are closely watching whether the Kraken listing will trigger further upside.
$BNB is a meme coin.🤷♂️ https://t.co/JY68Ct30Yu
— CZ 🔶 $BNB (@cz_binance) April 17, 2025
*This is not investment advice.