FXS Keeps Soaring, Reaching $1.128, Up Over 60.8% in 3 Hours

BlockBeats News, January 8th, according to HTX market data, the FXS price experienced a sharp fluctuation, rising from $0.68 to $1.128 in nearly 3 hours, currently trading at $0.98, with a market capitalization of $86 million and a 60.8% price increase in 3 hours.

Previously, in an announcement by Binance, it will support the FXS Share (FXS) mainnet upgrade and rebranding to Frax (FRAX). Binance will halt trading and remove all existing FXS spot trading pairs on January 13, 2026, at 11:00 (GMT+8), and open FRAX/USDT spot trading on January 15, 2026, at 16:00 (GMT+8).