BNB is currently showing stability above the $616 support level, with a 2% price increase over the last 24 hours, reaching a peak of $627. The recent uptick in BNB's price is attributed to a doubling of daily transactions on the BNB Chain, which have surged to 17.6 million since mid-May. Investor interest is being further fueled by the anticipation of the Maxwell hard fork scheduled for June 30, which aims to reduce block times from 1.5 seconds to 0.75 seconds, enhancing the blockchain's competitiveness. Although geopolitical tensions have caused volatility in the crypto markets, analysts believe continued momentum may push BNB towards the $650 mark and potentially $700, depending on user engagement with the upcoming upgrades. In the latest session, BNB demonstrated a solid uptrend with significant volume support around $616.55, signaling potential for further gains into the $630-$635 range if bullish conditions persist.

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