#BNBChainMeme BNB Price Rise: Big Investments and Meme Coin Drive New Wave of March 2025

 Binance Coin BNB1.96%-> managed to record a 4% price increase in the last 24 hours, with a weekly increase of 11% and a current price of $633. BNB trading volume has also seen an increase of 28%, with a total of $1.85 billion traded. Interestingly, open interest for BNB futures also increased by 10.72% to $875 million, according to data from Coinglass.

Binance Coin (BNB) recently managed to break out of a descending channel pattern on the 4-hour time chart. An analyst known as “Pro Crypto Signals” said that BNB could reach $720 in the coming days if the price can stay above the channel structure. To reach that target, BNB will have to break through the critical resistance level of $630, which will pave the way for more significant price increases.