Binance Coin (BNB) has been a standout performer, with a 24-hour rally showcasing the strength of the Binance ecosystem. CoinDesk reported on May 22, 2025, that BNB’s upward momentum coincides with Bitcoin’s approach to new all-time highs and increased activity on the BNB Chain, which recorded over 8 million daily transactions and 2 million active wallet addresses. BNB broke a bull flag pattern, targeting $750 amid buzz around the Maxwell Hardfork, according to The Crypto Basic. The spot-to-futures ratio on Binance also hit a 1.5-year peak, reflecting strong market confidence.