$BNB 🚀 1. BNB Chain Maxwell Upgrade (June 30, 2025)
The long-awaited Maxwell hard fork went live on June 30. It cut average block times in half—from ~1.5 seconds down to ~0.8 seconds—boosting network performance, validator coordination, and overall speed .
Following the upgrade, Cointelegraph reports a bullish momentum, with BNB rising towards the $719 resistance level as the market gears up .
📈 2. Price & Technical Movement
Currently, BNB is trading in the $650–$665 range, showing modest daily movement and a spot price of around $661.51 .
Analysts note a rebound from the $615 support zone, with potential to test resistance near $707; if it doesn't hold, prices could dip further .
💼 3. Institutional Interest from Nano Labs
Nano Labs, a Hong Kong chipmaker, announced plans to purchase $1 billion worth of BNB, representing 5–10% of its circulating supply. This caused Nano Labs' stock to double to around $22 and gave BNB an approximate ~2.7% spike .
This marks significant institutional backing and increasing real-world confidence in BNB.
🧭 Summary & Outlook
Factor Status
Network upgrade Maxwell fork live ✓
Technical trend Uptrend with rebound, next resistance near $707–719
Institutional drive Nano Labs acquisition adds bullish support
Bottom line: BNB’s infrastructure improvements and institutional purchase create a positive backdrop. If support near $615–650 holds, a test of the $BNB
700+ range seems plausible in the short term. Keep an eye on how the Maxwell upgrade continues to influence ecosystem usage and block efficiency.