BNB Token Slides 2.46% Amid Market Downturn, Trading Volume Surges as Ecosystem Grows

BNBUSDT experienced a 2.46% decline over the past 24 hours, with the price dropping from 626.94 to 611.52. This downward movement is primarily attributed to broader crypto market weakness, as the global market cap fell by 2.39%, combined with increased selling pressure reflected in rising trading volumes and bearish technical indicators such as a low RSI (35.4) and a bearish MACD crossover. No major negative news directly impacted BNB, but the overall risk-off sentiment and market volatility have weighed on price action. BNB's trading range remained between $605.29 and $631.97, with support near $620 and resistance at $645. The 24-hour trading volume stood between $1.51 billion and $1.61 billion, and the circulating supply is 144,010,743 BNB. Despite recent declines, BNB continues to benefit from ongoing ecosystem developments, including new features like the AI Portfolio Assistant and active participation programs, which may support long-term interest.