📊 Current situation
As of May 21, 2025, Binance Coin (BNB) is trading in the range of $642–$650, having shown a 1.57% increase over the past day. This rise is attributed to the breakout from the 'bull flag' pattern and expectations for the upcoming Maxwell hard fork on the BNB Smart Chain.
⚙️ Fundamental factors
Maxwell Hard Fork: The planned update for the BNB Smart Chain network, called Maxwell, aims to reduce the block time to 0.75 seconds and achieve sub-second transaction delays while maintaining the ability to process up to 100 million transactions per day.
Market position: BNB continues to strengthen its position as one of the leading cryptocurrencies, providing utility and transaction efficiency within the Binance ecosystem.
📈 Technical analysis
A breakout from the 'bull flag' and the crossing of exponential moving averages (EMA) indicate a possible continuation of the upward trend. Current technical indicators support the potential for growth to the $750 level in the near future.
🔮 Weekly forecast (May 21–27, 2025)
Considering the current technical and fundamental factors, the price of BNB is expected to fluctuate in the range of $650–$750. A breakout above the $700 level may confirm the continuation of the upward trend.
📌 Recommendations for businesses
For investors: Consider increasing your BNB holding in your portfolio, given the positive technical signals and upcoming network updates.
For traders: Watch for the resistance level at $700; breaking through it may open the way for further growth. #
For businesses: Given the improvement in the performance of the BNB Smart Chain network, consider integrating solutions based on this network to enhance operational efficiency.
