Binance Coin price forms a bearish pennant ahead of the Fermi hard fork
The post Binance Coin price forms a bearish pennant ahead of the Fermi hard fork appeared on BitcoinEthereumNews.com.
Binance Coin price moved sideways on Monday as traders waited for the upcoming Fermi hard fork. Summary Binance Coin price remained unchanged at $900 on Monday. The BSC Chain will launch the Fermi hard fork this week. Technical analysis suggests that the token may retreat soon. Binance Coin (BNB) token was stuck at the psychological point of $900, where it has been in the past few days. This price is much lower than the all-time high of $1,375. BNB price has wavered despite having some major catalysts. The first key catalyst will happen on January 14 when it will activate the Fermi hard fork. This hard fork aims to improve its performance, with its block time falling to 0.45 seconds. Fermi is coming to BNB Smart Chain in 2 days. Here’s what it brings:🔸 ~0.45s block times for quicker confirmations🔸 Stronger fast finality as throughput increases🔸 Smoother app performance at scale Full details 👇https://t.co/DtYg1AX0g0 pic.twitter.com/8IQZISdtdW — BNB Chain Developers (@BNBChainDevs) January 12, 2026 Fermi will also introduce faster finality as its throughput increases and its smoother app performance. It is the fourth hard fork in the BSC Chain after Maxwell, Pascal, and Lorentz. The other three upgrades helped to lower its block times as its usage jumped. This higher speed enabled it to compete more effectively with top competitors such as Solana and Ethereum. The Fermi hard fork comes as BSC network growth continues. For example, data compiled by Nansen indicate that active addresses increased by 0.7% to 41.1 million, while transactions rose to 403 million over the last 30 days. The network is averaging 4.2 million daily active users. It also processed over $43.9 billion in DEX volume in the last 30 days, a trend that will continue to grow in the near term. Binance Coin will also execute…
Filed under: News - @ January 12, 2026 9:25 pm