#TradeStories #SaylorBTCPurchase BNB price nears breakout as it beats top rivals on key metrics

Crispus Nyaga

By Crispus Nyaga

May 13, 2025 at 07:54 PM GMT+3

Jayson Derrick

Edited by Jayson Derrick

Markets

BNB price nears breakout as it beats top rivals on key metrics

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The Binance Coin is on the cusp of a major bullish breakout after forming a giant cup and handle pattern and continuing to outperform top competitors on key network metrics.

Binance Coin BNB

bnb

0.33%

BNB climbed to a high of $690 on Monday, its highest level since February 10. The move represents a nearly 40% gain from its lowest point this year.

Third-party data shows that protocols on the BSC Chain rose by 170% in the last seven days to over $16.7 billion. In contrast, Ether#SaylorBTCPurchase eum Ethereum

eth

8.35%

Ethereum protocols processed over $16.7 billion in the same period. Those on Arbitrum, Base, and Sui jumped to $6.65 billion, $8 billion, and $3.9 billion, respectively.