BNB Dips 2.16% After May Rally

BNB is currently trading at $661.18, with a 24-hour opening price of $675.80 and a price change of -2.16%. The 24-hour trading volume ranges between $1.45 billion and $1.93 billion, and the market capitalization stands at approximately $93.60 billion, with a circulating supply near 144 million BNB.

The recent price decline of 2.16% over the past 24 hours follows a period of strong performance earlier in May, which was supported by broader market optimism, Bitcoin gains, and positive ecosystem developments such as Binance Wallet’s increased transaction volume and the launch of Huma Finance (HUMA) on Binance Launchpool. The current pullback may reflect short-term profit-taking after recent gains and market consolidation, despite ongoing bullish sentiment and technical signals suggesting potential for further upward movement.