I feel down... Just keep this in mind:

Binance introduces two new features to boost token transparency, fueling speculation about a potential breakout of BNB beyond 1,000 dollars.

The new Binance features reveal locked tokens and ownership concentration for better trading insights.

The technical aspects suggest that a breakout from the one-year triangle could send BNB beyond 1,000 dollars.

Binance has recently doubled down on its efforts to increase transparency and improve trading decision-making on its platform. The exchange recently announced the launch of two important features: Token Locking Addresses and Ownership Concentration Indicators.

These tools are designed to provide users with deeper insights into the token supply and potential volatility. The Locked Addresses feature allows users to see if a portion of a token's supply is locked and unavailable for circulation, information that can influence price interpretation and trading strategies.

Meanwhile, the Ownership Concentration Indicator provides a snapshot of how much control large holders have over a cryptocurrency. This helps investors assess the risk of volatility based on ownership distribution.

Both features appear in the Information tab of the altcoin and are designed to provide traders with more reliable data.

Hopes for BNB price breakout

The launch has led to increased confidence in Binance and its native token, BNB BNB$627.1. At the time of writing, BNB is trading around 620.6 dollars, down approximately 1.11% in the last 24 hours. Despite the overall market weakness, BNB has only fallen 5% during the past week.