๐ง BNB Surges After Maxwell Hardfork Upgrade! ๐
BNB is showing real strength this week, climbing above $656 after breaking out of a classic falling wedge pattern โ a bullish reversal signal. ๐๐ฅ
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๐จ Maxwell Hardfork: Major Performance Boost
The BNB Smart Chain (BSC) successfully implemented the Maxwell hardfork on Monday, reducing block times from 1.5s to 0.75s.
โก Now, confirmations are faster (just 1.875 seconds) โ a huge upgrade for users and validators alike.
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๐ Network Activity is Climbing
Data from BscScan shows a noticeable uptick in network usage:
โ More transactions
โ Surge in new wallet addresses
โ Overall increased demand post-upgrade
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๐น Market Momentum Building
According to CoinGlass, funding rates have flipped positive (0.0034%) โ a sign that traders are leaning bullish on BNBโs short-term trajectory.
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๐ BNB Price Outlook
Current price: $657 (as of Tuesday)
Next resistance to watch: $709.29
Key support: $646.04 in case of a pullback
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๐ Technical Snapshot:
RSI at 55 โ staying above neutral, showing strength
MACD flashed a bullish crossover on Saturday, signaling momentum continuation
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๐ With faster transactions, positive sentiment, and solid technicals, BNB looks poised for a stronger run. Keep an eye on price levels and macro trends.
