📈 $BNB Coin Update – June 5, 2025
As of today, $BNB is trading at $656.44, experiencing a slight dip of 1.54% over the past 24 hours. The day's trading range has seen a high of $670.15 and a low of $656.44.
Key Highlights:
Record DEX Volume: $BNB Chain's decentralized exchange (DEX) volume has reached an all-time high of $14.23 billion, accounting for 45% of the total DEX market share. This surge indicates increased trading activity and liquidity on the platform.
Lowest Transaction Fees: The median transaction fee on BNB Chain has dropped to its lowest level ever, making it more cost-effective for users to transact on the network.
Technical Outlook: BNB is currently testing a support level around $663, with resistance near $691. A breakout above this range could propel the price towards $790, while a drop below $648 might signal a potential correction.
Despite the minor price dip, the underlying fundamentals of BNB remain strong, with increasing network activity and user adoption.#CEXvsDEX101 #MyCOSTrade #BinanceSquareTalks #BNB_Market_Update