BNB Token Holds Strong After 2.7% Dip, RESOLV Distribution Spurs High Trading Volumes and DeFi Growth

BNBUSDT experienced a 2.70% price decline over the past 24 hours, opening at $665.85 and currently trading at $647.88. The recent price movement follows a period of strong bullish momentum, with BNB reaching a seven-day high near $672 amid positive technical indicators and increased market activity, including the distribution of 20 million RESOLV tokens to BNB stakers and the start of RESOLV trading. Despite the recent pullback, sentiment remains broadly positive, supported by robust trading volumes (between $1.24 billion and $1.81 billion), a market capitalization of approximately $94.55 billion, and ongoing DeFi activity and network upgrades. The current price action reflects profit-taking after the recent rally, with support levels observed near $637–$655 and resistance around $669–$700, as BNB continues to maintain strong liquidity and market presence.