Current price situation
$BNB price dropped below 650 USDT to reach 649.21 USDT at 2:07 AM UTC this morning, representing a decrease of 0.68% in the last 24 hours.
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📈 Recent increases and possible breakout
On May 12 $BNB
The price increased by 4.54%, rising from 650.03 USDT to 679.53 USDT. This increase was due to strong trading volume, indicating potential institutional investment.
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💰 New $100 million incentive program
BNB Chain has upgraded its $100 million incentive program to promote new blockchain projects. Under this program, projects that meet specific market cap, daily active users, and trading volume criteria will be provided investment opportunities.
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🌍 BNB Chain's demo day in Dubai
BNB Chain recently held its demo day in Dubai, where various blockchain projects presented their offerings. Binance CEO, Changpeng Zhao, also attended the event and discussed the future of Web3.
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🔮 Future predictions
Standard Chartered has predicted that #BNB_Market_Update price could reach $1,275 by the end of 2025, nearly doubling the current price.
