BNB extended recent gains over the past 24 hours up 1.7% and trading around $906.
Price action during the period reflected steady demand rather than an outright breakout, according to CoinDesk Research’s technical analysis data model. BNB posted a sequence of higher lows and spent much of the period consolidating between the high-$890s and low-$900s.
Trading volume grew during the push to $900, then declined as price reached higher levels, suggesting buyers were less aggressive near resistance.
Technically, BNB remains compressed between two well-defined boundaries. Rising support from the December lows continues to support the price, while a declining resistance zone near $910 has capped the follow-through. The structure points to balance rather than direction, with neither side yet in control.
In addition to charts, traders are also weighing developments on the BNB chain itself. The network’s technical roadmap for 2026 aims for a throughput of more than 20,000 transactions per second, achieved through improvements such as parallel execution and a new client architecture.
The goal is to lower fees and reduce confirmation times, a shift that could make a difference if developers and users respond as intended. Attention is also focused on the Fermi hard fork, which is scheduled for mid-January.
The upgrade adjusts system parameters and requires validators to update their software. Although such forks are routine, they often coincide with short-term volatility as the market reassesses risk.
For now, BNB’s price near $906 reflects this tension. The market is digesting a recent move higher as it waits to see if technical pressure or network advances set the next tone.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial staff to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI policy.
