Binance Sparks Rally in Small-Cap Altcoin with Futures Launch

Binance has listed perpetual futures for Lorenzo Protocol (BANK), a DeFi-focused altcoin built on the BNB Chain, triggering a rapid price surge.

BANK, which launched on April 18, jumped from $0.03 to $0.057 within hours before pulling back to $0.044. With a market cap of $18.85 million, BANK now trades on Binance Futures with up to 50x leverage. Lorenzo Protocol enables users to stake Bitcoin and receive liquid tokens for use across DeFi platforms, positioning itself as a key player in Bitcoin liquidity finance.

Clever Robot News Desk 21^th April 2025