Source: CryptoNewsNet
Original Title: BNB’s price holds above $900 after slight gain but fails to break key resistance
Original Link:
BNB, the native token of the BNB Chain, is trading at $908, roughly 1% in the last 24-hour period. The modest rise came in line with the broader market index, which gained 0.95% over the same period.
Elevated trading volume, up 21.74% from the seven-day average, signals growing market engagement, though price action remains muted. BNB briefly pushed against resistance near $910 before pulling back, suggesting that sellers are still active at higher levels.
The price is now consolidating just above the $900 support zone, where bulls and bears appear locked in a short-term stalemate.
The gains follow the activation of the Fermi hard fork on the BNB Smart Chain. The upgrade reduces block times from 0.75 seconds to 0.45 seconds, increasing throughput and improving finality. The change is expected to support more complex decentralized applications and reduce congestion during periods of high activity.
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BNB Holds Above $900 After Slight Gain but Fails to Break Key Resistance
Source: CryptoNewsNet Original Title: BNB’s price holds above $900 after slight gain but fails to break key resistance Original Link: BNB, the native token of the BNB Chain, is trading at $908, roughly 1% in the last 24-hour period. The modest rise came in line with the broader market index, which gained 0.95% over the same period.
Elevated trading volume, up 21.74% from the seven-day average, signals growing market engagement, though price action remains muted. BNB briefly pushed against resistance near $910 before pulling back, suggesting that sellers are still active at higher levels.
The price is now consolidating just above the $900 support zone, where bulls and bears appear locked in a short-term stalemate.
The gains follow the activation of the Fermi hard fork on the BNB Smart Chain. The upgrade reduces block times from 0.75 seconds to 0.45 seconds, increasing throughput and improving finality. The change is expected to support more complex decentralized applications and reduce congestion during periods of high activity.