BNB Chain Sees Most Active Week in a Year, BNB Price to $800?
The post BNB Chain Sees Most Active Week in a Year, BNB Price to $800? appeared on BitcoinEthereumNews.com.
Key Notes The number of transactions on the BNB Chain surged to 123 million last week. Maxwell hard fork expected to enhance finality and double the transactions. Analysts call the current BNB price consolidation a sign of strength. BNB Chain has just witnessed its most active week in over a year, recording an impressive 123 million transactions in the past seven days. It also saw a trading volume of $178.2 billion in May, suggesting strong user engagement and network usage. The surge in activity coincides with growing anticipation around the upcoming Maxwell hard fork, expected to improve transaction finality and efficiency. Popular crypto YouTuber Ghazi commented on X that BNB Chain’s transaction count could double once Maxwell goes live. .@BNBChain just had its most active week in a year! ✅ Over 123 million transactions in 7 days! And with the Maxwell hard fork coming soon bringing faster finality and major efficiency, that number could 2x very soon. Bullish on #BNBChain @cz_binance 🔥 pic.twitter.com/ecyvktIQuH — غازي – Ghazi (@Q8Three) June 4, 2025 The Maxwell hard fork will integrate artificial intelligence components and other scaling improvements, enhancing BNB Chain’s competitiveness. Despite the broader market downturn in Q1 2025, BNB showed resilience after last year’s 300% rally. While many altcoins saw sharper corrections, the cryptocurrency’s drawdown remained under 36%, and it continues to consolidate without major losses. Bnb price outlook At the time of writing, BNB BNB $664.0 24h volatility: 0.8% Market cap: $96.93 B Vol. 24h: $669.78 M is trading at around $669.6, up by 12% in the past month. Since April, the cryptocurrency has been moving within an ascending parallel channel and is now testing the lower boundary of that support zone. $BNB is still looking insanely bullish. Ignore short term price action and focus on long-term trends! pic.twitter.com/pQMWmSghH1 — Coinvo…
Filed under: News - @ June 5, 2025 12:29 pm