BNB Coin Strengthens with Increased Transaction Volume and Network Update

While there have been significant fluctuations in the cryptocurrency market in the last 24 hours, BNB Coin has differentiated positively during this process, pushing its price upward. Iran's limited military response and statements from the U.S. increased risk appetite in global markets, leading to a relaxation in oil prices and an upward movement in cryptocurrencies. The price increase in BNB was particularly supported by the intense transaction traffic on the network.

Since mid-June, there has been a significant increase in transaction numbers on the BNB Chain. According to DeFiLlama data, the daily transaction count across the network has reached 17.6 million, indicating almost a two-fold increase compared to previous periods. Experts emphasize that the sustainability of this activity largely depends on the technical infrastructure and market conditions.

Expert Comment: "The increase in transaction volume is directly related to the performance of the BNB Chain. However, for this momentum to continue, both the technical infrastructure must be strong and market conditions must be supportive."

Maxwell Hard Fork and New Era Begins

The Maxwell hard fork update, considered a significant milestone in the BNB Chain ecosystem, is expected to be carried out on June 30. If the update is successfully completed, the block time will drop from 1.5 seconds to 0.75 seconds. This means that transactions will be approved much faster for users.

Sector analysis: "Halving the block time will increase the speed and efficiency of the BNB Chain. This could significantly strengthen the network's global competitiveness."

The update is expected to lead to an increase in the number of users on the network and the total transaction volume. Such a revival could reflect positively on the BNB price.

What Do Price Movements Indicate?

After finding support at $616, BNB Coin broke through the resistance at $624 and quickly reached $627. The price then remained horizontal for a while, moving towards the $630-635 band after surpassing the $625 level. The ceasefire news spreading in the markets increased buying interest, bringing the price closer to $670.

Analysts state that if Bitcoin rises back to the $108,500 level, the overall selling pressure may decrease, potentially paving the way for a broader recovery in altcoins.

Conclusion and Investor Notes

The Maxwell update to be made in the technical infrastructure of the BNB Chain and the significant increase in transaction volume provide positive signals regarding the network's potential. If the update is successfully implemented, significant improvements can be achieved both in transaction speed and user experience.

However, volatility in global markets and geopolitical developments continue to have an impact on pricing. Therefore, it is critical for investors to closely monitor both network updates and macro developments.


PLEASE READ CAREFULLY FOR A $10 GIFT TO 170 PEOPLE.

Friends who have not yet activated the futures section will win $10 when they enter my referral code 88623008 to activate the futures section. The first 170 people will benefit from this reward.

I AM EXPLAINING IN DETAIL.

My brothers who registered without a referral on Binance, please listen carefully;

When you do what I say in order, you will win 10 USDT.

Enter the Futures section from your application,

On the next screen, enter the REFERRAL CODE section and enter the code 88623008 to open your account,

Brothers who want to complete this transaction by April 10th and receive a 10 USDT reward can do so. After this, it will be sufficient to have a transaction volume of $30 after activating your account. However, even if you perform this transaction after April 10th, you will not receive your reward. Therefore, I recommend you handle it within 5 seconds.

THE SYSTEM WORKS ON A FIRST COME, FIRST SERVED BASIS. THEREFORE, DO NOT BE LATE TO RECEIVE YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.

PLEASE READ CAREFULLY FOR A $3,300 GIFT.

Friends, you know that we are doing everything we can for you as publishers. We communicate to you the services and opportunities provided to us by our authorities. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I strive to provide more support.

Now I will explain how to claim your gift. First of all, those of you who have not opened a futures account need to activate this account with a short transaction. I will explain in detail and simply how to activate it.

So who can benefit?

Friends who have not yet activated the futures section can activate it by entering my referral code 88623008 when opening the FUTURES section. It's an easy process. I've shown where it is below.