BNB, the native token for the binance ecosystem, staged a quick comeback after a shock of market turbulence rattled the wider crypto market.
The coin rose more than 4% from this week’s low and has risen about 0.7% in the last 24 hours, returning from a dip to $ 631 to about $ 657 after forming a textbook V-shaped recovery pattern, according to Coindesk Research’s technical analysis data model.
Rebound came as uncertainty associated with a bloating between US President Donald Trump and Tesla CEO Elon Musk, who triggered a sale to risk assets that began to fade.
The BNB chain’s basic elements have been improved. Daily active users jumped 26.4% to 1.2 million, while revenue in Q1 2025 grew 58% from the previous quarter to $ 70.8 million, according to a messari report.
Technical diagrams show BNB -frame resistance around $ 657 after a powerful purchase of $ 650 level. A critical turn is now at $ 654, with dealers seeing US inflation data to be released this Wednesday, for signals on the next step.
Meanwhile, Binance leans into innovation. Its 9 June Hackathon opened new numbers in decentralized science and physical infrastructure.
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