๐ BNB Gains Momentum with Upgrades & Tokenized Stocks ๐
BNB, the native token of BNB Chain, has risen about 0.6% in the past 24 hours amid strong trading volumes and growing investor interest driven by technical upgrades and new use cases. Key highlights:
โก Maxwell Hard Fork: BNB Chain recently implemented a major upgrade, cutting block times from ~1.5 seconds to 0.75 seconds, doubling transaction speed and boosting network efficiency.
๐ Tokenized Equities: Kraken and Backed Finance plan to launch tokenized stock trading (e.g., Apple, Tesla) on BNB Chain as BEP-20 tokens, available in 185 markets outside the U.S.
๐ Network Strength: BNB Chain holds around $6 billion in total value locked, positioning itself as a fast, scalable platform for decentralized apps.
๐ Market Context: The CoinDesk 20 index rose 2.7%, signaling strength in the broader crypto market despite looming U.S. tariffs.
๐ง Price Outlook: BNB faced resistance near $664.20 and dipped slightly to $661.75. The key $665โ$667 zone will determine if the rally continues or stalls.
Overall, BNB is riding a wave of optimism thanks to faster tech, real-world asset integration, and solid network fundamentals. ๐