BNB Records $2 Billion Trading Volume as Launchpool Activity Increases and Lorentz Upgrade Completed; Price Down 2.99%

BNB is currently trading at $662.85, with a 24-hour trading volume of approximately $2 billion and a 24-hour price change of -2.99% from an opening price of $683.29. The recent price decline appears to follow a period of strong upward momentum earlier in May, with BNB reaching as high as $683.12 and maintaining a position as the #5 cryptocurrency by market capitalization. The launch of Huma Finance (HUMA) on Binance Launchpool, new token listings, and a zero-fee stablecoin withdrawal promotion have contributed to increased user activity and trading volume. However, despite these positive developments and ongoing bullish sentiment, short-term price fluctuations—including the recent dip—may be attributed to profit-taking after recent gains, technical adjustments following the Lorentz upgrade, and mixed analyst forecasts for the end of May.