Bnb
Is traded in a narrow range on Sunday, which reflects resilience in the middle of low volatility as the BNB chain society gathers for a significant upgrade of infrastructure, according to Coindesk Research’s technical analysis model.
MAXWELL HARD Fork -Upgrade, scheduled for June 30, is ready to improve the performance of BNB -Smart chain (BSC) Mainnet by cutting blocking times from 1.5 seconds to 0.75 seconds – double the chain’s flow potential.
This upgrade is based on previous milestones such as the Lorentz fork, reducing the blocking time from 3 seconds and introducing improved network stability. Maxwell moves BSC into block speeds during second, which helps it compete more directly with faster chains like Solana.
The hard fork will be driven by three protocol improvement proposals: BEP-524, BEP-563 and BEP-564. These measurements review key components of validator coordination and consensus mechanics. In particular, validators will now earn longer block suggestions to turn (16 blocks per trip)And the epoch length expands from 500 to 1,000 blocks – changes that are expected to stabilize performance even under accelerated conditions.
To avoid network overload and excessive state growth, the gas limit is halved per day. Block from 70 million to 35 million. Improvements on the networking side are also expected with faster block formation among validators – within 400 milliseconds – and improved synchronization of range for hanging nodes.
The upgrade is named after physicist James Clerk Maxwell and is designed to balance speed with stability aimed at raising the BNB chain’s status across defi, Gamefi and Enterprise Blockchain sectors. By providing more responsive blockage of blocking and smoother validator participation, Maxwell Hard Fork could help drive future adoption and developer growth across the ecosystem.
Technical analysis highlights
- Between June 28, 15:00 UTC and June 29, 14:00 UTC climbed BNB from $ 646.29 to $ 650.25, a gain of 0.61% with a $ 5.75 (0.89%) Trading Range.
- The price found key support for $ 647.11 during 02:00 UTC HOUR on June 29 with volume above average of 10,034 units.
- Resistance showed up to $ 651.30 during 12:00 UTC HOUR, which closes additional winnings. Notable Volume Spikes at. 07:00 and 09:00 UTC (18,696 and 22,494 units respectively) confirmed sustained buyer interest over $ 648.
- From 13:05 to 14:04 on June 29, BNB dipped a little from $ 650.85 to $ 650.25 and sent a 0.09% intraday loss.
- Price hit a map of a $ 651.07 session top at. 13:23 UTC, before rejecting lower, with a volume of 957.81 units of 13:25 UTC.
- Per. 21:24 UTC traded BNB for $ 648.37, Paring earlier gains and keeps under resistance near the $ 651 level.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
