Bio Protocol's token has captured market attention with significant gains linked to protocol updates and the launch of its reward program.
Price and Market Trends
The Bio Protocol token surged nearly 70% in the last 24 hours, reaching a high of $0.098. It traded at a low of $0.059 on August 7. The altcoin market is also experiencing a positive trend, contributing to the token's rise alongside increases in Bitcoin and Ethereum prices.
v2 Upgrade and Exchange Listing
The upgrade to Bio Protocol's version 2 includes support for smaller launches and staking incentives. It was announced on August 7 that staking for the BIO token is now live on the Ethereum mainnet, coinciding with the recent listing of the token on Coinbase.
Institutional Investments
Bio Protocol is attracting institutional interest, underscored by recent investments from Binance Labs and the significant funds raised during the public sale in January 2025, which surpassed $64.4 million at a valuation of $219.12 million.
Bio Protocol's token is showing resilient growth and attracting institutional investor interest amid updates and the evolution of the decentralized science space.
