BNB Token Surges 2.38% as Smart Chain Hits 405M Transactions and DEX Volumes Top $100B

BNBUSDT traded up 2.38% over the last 24 hours, opening at $643.60 and reaching a current price of $658.94. This price increase is primarily attributed to heightened network activity on the BNB Smart Chain, which processed over 405 million transactions in the past month and saw record user growth, alongside a surge in decentralized exchange (DEX) trading volumes exceeding $100 billion. These strong ecosystem fundamentals and increased user engagement have driven robust buying interest and supported the recent uptrend, despite broader market recalibrations and a brief price dip earlier in the week. Technical indicators remain bullish, with the price supported by key moving averages and stable momentum, while resistance is noted near $670 and support around $627. Overall, BNB’s market activity reflects consolidating strength and continued ecosystem expansion.