BNB Token Holds Strong Above $90B Market Cap After Maxwell Hardfork Spurs Volatility and High Trading Volumes

BNBUSDT is currently trading at 645.89, reflecting a 2.06% decrease over the past 24 hours from an opening price of 659.50. The recent price decline can be attributed to typical post-upgrade market adjustments following the BNB Chain’s Maxwell Hardfork on June 30, 2025, which initially drove a short-term price increase due to improved network speed and efficiency. After reaching highs near $659, BNB experienced some profit-taking and broader market weakness, contributing to the pullback. Despite the dip, BNB maintains strong trading activity, with 24-hour volumes between $1.38 billion and $1.44 billion and a market capitalization above $90 billion, underscoring its resilience and continued prominence among top cryptocurrencies.