BNB Smart Chain Upgrades: Flipping XRP and Positive Sentiment ⚙️
#BNB Smart Chain's upcoming mainnet upgrade in August aims to address its declining metrics.
Despite a decrease in gas usage and captured value, BNB managed to overtake #XRP as the fourth-largest cryptocurrency by market capitalization.
The update, introducing #Plato and Hertz hard forks, includes gas metering changes, contract deployment restrictions, and new transaction types. BNB's value saw a marginal increase as developers prepared for the upgrade, leading to improved sentiment and social volume.
However, investors might need to wait for a bull rally as the MACD shows an ongoing battle between bulls and bears, and the RSI and CMF remain relatively neutral and slightly bearish, respectively.
