BNB's impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism.
The token's upward momentum coincides with Bitcoin's approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses.
Technical indicators remain bullish for BNB, with strong support established at $682 and multiple tests of this level showing sustained buyer interest despite minor resistance around $684, according to CoinDesk Research's technical analysis data model.
Technical Analysis Highlights
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