BIO Protocol Research Hub | BIO information, history and analysis

BIO trading volume is $609.79m. Market capitalization reaches $1.1b.

BIO Protocol (BIO) launched on Binance on January 1, 2025, initially priced at 0.86 USD. Early trading saw a drop to 0.74 USD before a recovery to about 0.80 USD. Despite early market dips, the BIO Protocol quickly established a market cap of 1.2 billion USD.

Trading volumes for BIO reached 338 million USD soon after its launch, boosted by its listing on the Binance launchpad. However, decentralized trading activities for BIO stay limited, reflecting a broader trend among DeSci tokens, which often struggle with liquidity due to their niche market.

Despite a lack of initial hype, BIO Protocol has significantly impacted the growing DeSci sector. BIO Protocol’s launch has driven attention towards DeSci projects, with innovations like DAO initiatives aimed at legitimate research and technology development.

Binance Labs’ investment in BIO Protocol marks a significant commitment to decentralized science (DeSci). As the 63rd project on Binance Launchpool, it signals a strong interest in promoting investment and innovation in the DeSci sector.

Initial trading for BIO is anticipated between 0.625 USD and 1.5 USD. Despite current trading conditions being less bullish, the success of BIO could uplift the entire DeSci market, which currently has a 700 million USD market cap.