BNB Holds Above $900 After Slight Gain but Fails to Break Key Resistance

image

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.

BNB0,46%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)