Binance Coin (BNB) Could Be on the Verge of a Major Price Movement as Attention Turns to Its Upcoming Debut on Kraken

Binance Coin (BNB) could be on the verge of a major price movement as attention turns to its upcoming debut on Kraken

Kraken is one of the longest-running cryptocurrency exchanges, and attention is now turning to its upcoming listing of Binance Coin (BNB). As the integration approaches, traders are preparing for what some see as a possible shift in BNB’s trading landscape.

Kraken Binance Coin Listing

In its latest X post, BNB Chain announced that the native coin will be listed on Kraken, with trading set to begin on April 22 at 14:00 UTC. The exchange will support four trading pairs: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT.

Announcing the listing of $BNB on @krakenex at 14:00 (UTC) on April 22. They will also be adding support for BNB Smart Chain. Integration in progress.

Kraken will support the following trading pairs: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT.

— BNB Chain (@BNBChain) April 17, 2025

It is worth noting that this recent development is not unusual. Back in November 2024, the crypto exchange revealed plans to expand its lineup with 19 new digital assets. Binance Coin was one of them, alongside FWOG, DOGS, GOAT, and others. Kraken is also rolling out integration with the BNB Smart Chain to support these additions.

From this development, users can interact directly with the BNB network on the platform. Expectations are high after BNB was listed on one of the industry’s most security-conscious exchanges.

As one of the oldest cryptocurrency exchanges, Kraken is known for its robust security measures. This listing on Kraken is a big step for BNB, giving it more reach and opening doors for users to trade and explore the BNB ecosystem on a trusted platform.

CZ Reaction and BNB Price Reaction

Former Binance CEO Changpeng Zhao, also known as CZ, brought some humor to the conversation. Just hours after the listing news, CZ shared a post of the announcement and jokingly called BNB a “meme coin.”

“BNB is a meme coin,” he said.

Announcing the listing of $BNB on @krakenex at 14:00 (UTC) on April 22. They will also be adding support for BNB Smart Chain. Integration in progress.

Kraken will support the following trading pairs: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT. https://t.co/JY68Ct30Yu

— CZ 🔶 BNB (@cz_binance) April 17, 2025

Following his X post, community members responded quickly. For example, one X account noted that if BNB is a meme coin, it is steadily building a solid and functional ecosystem.

Despite the meme joke, CZ once denied ties to TST memecoin, which suggests his post on X might be lighthearted.

Since the announcement, BNB has maintained a positive outlook. According to CoinMarketCap, BNB’s price was trading at $592.02, up 1.80% over the past 24 hours at the time of writing.

Token Listing in the Broader Crypto Ecosystem

The potential arrival of BNB on Kraken comes as major exchanges are quickly adding more tokens to their platforms amid rebounding interest and the U.S. crypto regulations beginning to ease.

Recently, leading cryptocurrency exchange Binance announced the launch of Aergo Perpetual Contracts. This news has sparked significant excitement in the community, driving the Aergo price to a new all-time high of $0.51.