BNB has surpassed the $660 mark, currently trading at $657.92, with a 0.475% increase in the last 24 hours.
🔧 Key Update: Maxwell Hardfork
On June 3, the BNB Chain network will implement the Maxwell Hardfork update, designed to improve the scalability, security, and efficiency of the network. This event has generated an 18.5% increase in trading volume, reaching $1.2 billion.
📈 Technical analysis: bullish signals
BNB has formed a double bottom pattern, breaking through the resistance at $645 and remaining above the 50-day exponential moving average since May 8. This behavior suggests a possible price target of $793, with a bullish projection towards $1,000 if momentum is maintained.
📊 Expanding ecosystem
Activity on BNB Chain continues to grow, with over 8 million daily transactions and 2 million active wallets, strengthening investor confidence in the ecosystem.