Market Wound
The price of BNB rose to $1,046.07 (up 4.72% in 24 hours), approaching its historical peak of $1,080.47.
The token THE rose by 55% to reach its highest level in five months, making it the third largest decentralized trading platform on the BNB Chain.
The DeFi sector on the BNB Chain is witnessing accelerated growth, with the total value deposited in THENA surpassing $120 million as the number of daily active users increases.
Factors supporting growth
The roadmap for BNB Smart Chain in 2025 focuses on enhancing scalability and multi-network integration.
The mechanism ve(3,3) in the THENA token supports governance and provides additional incentives for liquidity.
The market is entering the altcoin phase (Altseason) with the index reaching 76, the highest level since December 2024.
Expectations for the Federal Reserve to ease monetary policy in the fourth quarter of 2025 may drive investors towards higher-risk assets such as cryptocurrencies.
Trading forecasts
A strong support level for BNB is seen between $980 - $1,000, with a clear dominance of long positions at 17.6.
The THE token benefits from expanding partnerships and increasing locked liquidity, which has exceeded $120 million.
Potential entry strategies:
Buying BNB during corrections near $950.
Monitoring THE during pullbacks around $120.
A sudden increase in trading volume is a confirmation signal for the continuation of the upward trend.
Community sentiment
Data indicates that 94.4% of Binance Square community posts have a bullish sentiment towards BNB.
Interest in THENA's position as an open AMM platform on the BNB network is growing.
Increasing discussions around DeFi and GameFi opportunities within the BNB ecosystem enhance the positive market outlook.
BNB# #THE #THENA #BNBChain #DeFi #GameFi #Altseason #Crypto #Binance #Trading #CryptoNews #Web3 #Blockchain #Bullish #CryptoTrading #Altcoins