- Price Movement: BNB's price has increased by 0.4% in the last 24 hours, trading at around $881.31 with a 24-hour trading volume of $1.05 billion.
- Market Cap: BNB's market capitalization stands at $122.66 billion, ranking #5 on CoinGecko.
- News: Binance founder Changpeng "CZ" Zhao predicts that decentralized exchanges (DEXs) will surpass centralized exchanges (CEXs) in trading volume.
- Adoption: Tron Network has surpassed BNB Chain and Solana with 2.53 million active users, while BNB Chain has reached 2.4 million active users.
- Partnerships: Ondo Finance has launched a tokenized equity platform, allowing non-US investors to access over 100 US stocks and ETFs on Ethereum.
- Investments: B Strategy is launching a US-listed company to act as a treasury and investment vehicle for BNB, following the playbook of 10X Capital.
- Price Predictions: Analysts are watching BNB's price movement, with some predicting a potential surge to $1000.
Some key metrics to watch are ⁴:
- Support Level: $842
- Resistance Level: $895
- 24-hour Range: $872.18 - $884.29
- 7-day Range: $843.12 - $883.35
$BNB #BNB_Market_Update #BNBToken
