BNB (Binance Coin) Market Update โ€“ May 2, 2025

Price: $598.15 ๐Ÿ”ป (โˆ’0.53%)

High: $604.78 | Low: $598.15

Support Level: $590 ๐Ÿ›ก๏ธ

Resistance Ahead: $612 ๐Ÿ“ˆ

Recent Highlights:

๐Ÿš€ BNB Chain Revenue soared to $70.8M in Q1 (+58.1%)

๐Ÿ’ธ Stablecoin Boom: USD1 launch caused 30% jump in stablecoin supply on BNB Chain

๐Ÿ—ฃ๏ธ CEO Richard Teng to speak at the Point Zero Forum, Zurich (May 5โ€“7)

Market Sentiment:

๐Ÿ˜ Fear & Greed Index: 53 โ€“ Neutral zone

๐Ÿ”ฎ Price Prediction: Could hit $651 in May (+8.1%)

#BNB_Market_Update $BNB