$BNB $BNB

Today BNB is trading at around 760 USD, with a slight daily decline of -0.36%. The reasons for the recent drop include profit-taking after a surge above 720 USD, activation of 'bullish' structures on the charts, and a technical pullback after testing new highs. The main growth drivers are the implementation of the Maxwell upgrade: blocks are twice as fast and scalability, as well as quarterly burning of 1.59 M BNB. Institutional investors are showing interest: Nano Labs plans to purchase $1 billion BNB, which has strengthened market risk appetite .