In response to prevailing market trends and to enhance its offerings, Binance, the world's largest cryptocurrency exchange, has introduced another upgrade on its platform. The latest update includes the addition of several new loanable assets on Binance Loans (Flexible Rates), further expanding its range of services.

Among the newly added assets are Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL). Binance advised clients wishing to place orders via the application to upgrade it to iOS v2.78.0 or Android v2.78.0 (or later), as older app versions no longer support the placement of new Binance Loans (Flexible Rate) orders.

Following the announcement, the prices of most of the newly added assets experienced an upward trend. JTO surged by 13% on a 24-hour scale, MANTA witnessed a 7% spike, and NFP showed a 5% increase.

The support from Binance, coupled with the overall market revival on May 2, likely contributed to the bullish sentiment surrounding these coins. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA) also saw positive price movements after experiencing significant losses in previous days.

This latest update follows a series of recent enhancements on the Binance platform. In April, the exchange introduced 18 new loanable assets, including popular meme coins like Pepe (PEPE) and dogwifhat (WIF). Additionally, Binance launched new perpetual contracts and expanded trading pairs, including options focused on the Japanese yen, such as XRP/JPY, SHIB/JPY, ADA/JPY, and SOL/JPY trading pairs on Binance Spot.

These ongoing updates aim to streamline crypto trading for users worldwide, providing access to a diverse range of assets and trading pairs while offering additional features and services to meet the evolving needs of the cryptocurrency community.