Binance has introduced a new program called HODLer Airdrops, exclusively for BNB holders who use their Simple Earn feature. This initiative rewards loyal users with tokens from projects that are planning to list on Binance soon. The airdropped tokens will come from projects with a large circulating supply, enhancing engagement and providing added benefits to those holding BNB.

To participate in HODLer Airdrops, users need to go to the Earn section on Binance, search for BNB, and subscribe to either the Flexible or Locked Simple Earn product with their BNB holdings. Once subscribed, Binance will announce each upcoming airdrop of new tokens. The airdrop rewards are calculated based on hourly snapshots of user balances and total pool balances. Eligible users will receive their airdrop rewards in their Spot Wallets within 24 hours of the announcement.

The price of BNB has seen fluctuations, currently trading near $600, which may act as short-term support. The token has a market cap of $91.5 billion and an open interest of $585.6 million. BNB's price has climbed to $595.71 today, with a 24-hour trading volume of $1.3 billion, representing a 2.09% increase over the past day. However, the cryptocurrency has seen a 3.22% drop in value over the last week.

BNB's price has been trending upward, rapidly rising from $200 to $300 and then $600. It consolidated in an ascending triangle pattern before breaking its all-time high above $700 recently. However, this surge was short-lived, and the price has since dropped. While momentum initially accelerated, it couldn't be sustained, and the price action and oscillators do not inspire short-term buying confidence. Investors are closely watching to see if BNB can maintain its current support levels.