BNB Dips 2.23% After All-Time High, Maintains $104.74B Market Cap Amid Ecosystem Growth
BNBUSDT experienced a 2.23% price decline over the past 24 hours, with the current price at 749.60, opening at 766.72. The price decrease is primarily attributed to a post-all-time high correction following BNB's recent surge to approximately $861, as well as increased bearish momentum indicated by technical indicators such as the Relative Strength Index. Additional contributing factors include active trading around key support levels and broader market volatility, despite positive developments such as CEA Industries' $500 million BNB treasury announcement and ongoing ecosystem growth initiatives like the Towns (TOWNS) airdrop and Caldera's Metalayer protocol integration.
BNB maintains strong trading activity with a 24-hour volume of approximately $1.93 billion and a market capitalization near $104.74 billion, reflecting continued investor interest and its position among the leading cryptocurrencies.