BNB's recent price increase, rising 0.6% within 24 hours, is attributed to technical upgrades and new use cases driving investor interest. The BNB Chain implemented the Maxwell hard fork, which reduced block times from 1.5 seconds to 0.75 seconds, successfully doubling transaction speeds and potentially accommodating higher network activity. Additionally, Kraken and Backed Finance announced the launch of tokenized equities on the BNB Chain, offering trading options for popular stocks like Apple and Tesla across 185 markets outside the U.S. Recently, BNB appears to be gaining traction with heavy trading volumes. However, it has encountered resistance near $664.20 during early trading, with a slight pullback suggests some traders may be locking in profits. The upcoming challenge for BNB is to surpass the $665-$667 range, which could signify whether recent gains can be maintained or if selling pressure resumes.

Source 🔗