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Binance Coin's Bright Future - BNB Price Prediction 🚀
$BNB , the heart of the Binance ecosystem, has been on a tear lately. Its utility across the Binance platform, from discounted trading fees to exclusive Launchpool access, makes it a valuable asset. With Binance continuing to innovate and expand its reach, the demand for BNB is likely to keep climbing.
The upcoming LaunchPools and Megadrop are also a big reason of #BNB pump
#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear
$BNB , the heart of the Binance ecosystem, has been on a tear lately. Its utility across the Binance platform, from discounted trading fees to exclusive Launchpool access, makes it a valuable asset. With Binance continuing to innovate and expand its reach, the demand for BNB is likely to keep climbing.
The upcoming LaunchPools and Megadrop are also a big reason of #BNB pump
#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear
🔶 BNB chain sees success with revenue up by 70%, MVP is one of the superstars
🔸 BNB or the Binance Smart Chain had started the year under regulatory scrutiny but yet experienced growth in the quarter one of 2024 with a significant 70% rise in revenue reaching $66.8 million. Even though there was a 9% decline in daily transactions compared to Q4 of 2023, the number of average daily active addresses saw a notable 26% rise, from 1.0 million to 1.3 million. Despite these obstacles, BNB continues to exhibit growth and surpass any quarter in 2023. This increase can be attributed to the appreciation of BNBs value but a huge factor seems to be tokens that BNB onboarded this year, one of the tokens being MVP or MAGA VP.
🔸 Introduced in February of this year, MVP token with anticipation surrounding the selection of the next Vice President candidate on the Republican side. Despite being part of the “PolitiFi narrative” of meme tokens, MVP has garnered significant support from the majority of crypto investors and traders. MVP’s market capitalization of nearly $7 million , this meme token is looking to secure a spot within the top 100 cryptocurrencies.
🔸 The progress made by this token in just two months is truly remarkable and is soon to be reaching $10, says many crypto analysts. MVP has an average of +9.34% in trading volume every 24 hours. The token holds itself at $0.145899 USD, higher than the price of Hedera (HBAR) now which holds at $0.114, later being part of the trending tokens on Coinmarketcap. Needless to say, MVPs partner and the other famous Trump token STRUMP or Super Trump is leading way above HBAR.
🔸 In early April, BNB called on developers of memecoins by creating an opportunity to participate in the chain’s 1 Million reward under the ‘meme innovation campaign’ as Binance has been handing support to meme tokens for a while now. Meme tokens already have a 2.27% sector dominance on the BNB chain, only making MVPs position further solid for a home run. The token functions on Ethereum, Solana and BASE.
$BNB #BNB #BNBChainSunset
🔸 BNB or the Binance Smart Chain had started the year under regulatory scrutiny but yet experienced growth in the quarter one of 2024 with a significant 70% rise in revenue reaching $66.8 million. Even though there was a 9% decline in daily transactions compared to Q4 of 2023, the number of average daily active addresses saw a notable 26% rise, from 1.0 million to 1.3 million. Despite these obstacles, BNB continues to exhibit growth and surpass any quarter in 2023. This increase can be attributed to the appreciation of BNBs value but a huge factor seems to be tokens that BNB onboarded this year, one of the tokens being MVP or MAGA VP.
🔸 Introduced in February of this year, MVP token with anticipation surrounding the selection of the next Vice President candidate on the Republican side. Despite being part of the “PolitiFi narrative” of meme tokens, MVP has garnered significant support from the majority of crypto investors and traders. MVP’s market capitalization of nearly $7 million , this meme token is looking to secure a spot within the top 100 cryptocurrencies.
🔸 The progress made by this token in just two months is truly remarkable and is soon to be reaching $10, says many crypto analysts. MVP has an average of +9.34% in trading volume every 24 hours. The token holds itself at $0.145899 USD, higher than the price of Hedera (HBAR) now which holds at $0.114, later being part of the trending tokens on Coinmarketcap. Needless to say, MVPs partner and the other famous Trump token STRUMP or Super Trump is leading way above HBAR.
🔸 In early April, BNB called on developers of memecoins by creating an opportunity to participate in the chain’s 1 Million reward under the ‘meme innovation campaign’ as Binance has been handing support to meme tokens for a while now. Meme tokens already have a 2.27% sector dominance on the BNB chain, only making MVPs position further solid for a home run. The token functions on Ethereum, Solana and BASE.
$BNB #BNB #BNBChainSunset
😱🚀🚀BNB Coin may rise to $650 next week Data confirms this!
The BNB has risen by more than 8% in the last seven days.
Most metrics and indicators have shown a bullish trend on the coin.
BNB displayed a promising bull rally last week, as its price increased by over 8%. While this was happening, a bullish pattern appeared on the price chart of the coin. If the BNB successfully breaks above the pattern, its price may fluctuate northward.
Bullish formation on the BNB chart
After a comfortable weekly rally, the coin's volatility fell as it moved only marginally on the last day. According to Coinmarketcap, the price of bnb has fallen by 2% in the last 24 hours.
However, the volatility of the bnb may be restored soon.
Captain Faibik, a popular crypto analyst, recently posted a tweet mentioning the formation of a bullish symmetrical triangle formation on the coin's price chart. A successful break on the model can also allow the price of bnb to rise by more than 40%.
Investors also seemed quite confident about the #BNB and expected its value to rise. This was evident from the fact that the weighted sentiment of the coin rose on April 25.
Reflecting its popularity in the crypto space, its social volume also remained high.
Is a bull run inevitable?
In addition, the October funding rate has fallen sharply. In general, prices tend to move in a direction other than the financing rate, which points to a bull rally in the coming days.
The technical indicators also seemed quite optimistic. For example, the Chaikin Money Flow (CMF) was standing well above the neutral mark of 0. It had a value of 0.15 at press time.
According to our analysis, it is very important for the bnb to rise above $ 620, as the liquidation will increase sharply at this level. An increase in liquidation usually results in a price correction. A successful break above this level can allow the price of the coin to rise above $ 650.
#BullorBear #binance #BNBUSDT
The BNB has risen by more than 8% in the last seven days.
Most metrics and indicators have shown a bullish trend on the coin.
BNB displayed a promising bull rally last week, as its price increased by over 8%. While this was happening, a bullish pattern appeared on the price chart of the coin. If the BNB successfully breaks above the pattern, its price may fluctuate northward.
Bullish formation on the BNB chart
After a comfortable weekly rally, the coin's volatility fell as it moved only marginally on the last day. According to Coinmarketcap, the price of bnb has fallen by 2% in the last 24 hours.
However, the volatility of the bnb may be restored soon.
Captain Faibik, a popular crypto analyst, recently posted a tweet mentioning the formation of a bullish symmetrical triangle formation on the coin's price chart. A successful break on the model can also allow the price of bnb to rise by more than 40%.
Investors also seemed quite confident about the #BNB and expected its value to rise. This was evident from the fact that the weighted sentiment of the coin rose on April 25.
Reflecting its popularity in the crypto space, its social volume also remained high.
Is a bull run inevitable?
In addition, the October funding rate has fallen sharply. In general, prices tend to move in a direction other than the financing rate, which points to a bull rally in the coming days.
The technical indicators also seemed quite optimistic. For example, the Chaikin Money Flow (CMF) was standing well above the neutral mark of 0. It had a value of 0.15 at press time.
According to our analysis, it is very important for the bnb to rise above $ 620, as the liquidation will increase sharply at this level. An increase in liquidation usually results in a price correction. A successful break above this level can allow the price of the coin to rise above $ 650.
#BullorBear #binance #BNBUSDT
🐻📉 Why did the market take another tumble? It all started when BTC struggled to maintain its position above $67K, leading to a drop below the $65K mark and dragging the entire market down with it. 😔
📉 The primary reason for this setback is the capital outflow from ETFs, particularly with a notable $120.6 million recorded in minus for one ETF. Additionally, Grayscale's continuous BTC sales totaling $130 million contributed to the decline. 😞 On top of that, the arrest of Keonna Rodriguez, the head of Samourai Wallet, by the US Department of Justice added to the market's unease. 🚨
🗣 However, much of this market movement can be attributed to post-halving uncertainties. The market is currently craving catalysts for movement, meaning even minor local news could trigger reactions from BTC in the near future. 📰⚡
Stay informed and keep an eye out for any developments as the market navigates through these uncertain times! 🚀💰 #BTC #ETH #BNB
📉 The primary reason for this setback is the capital outflow from ETFs, particularly with a notable $120.6 million recorded in minus for one ETF. Additionally, Grayscale's continuous BTC sales totaling $130 million contributed to the decline. 😞 On top of that, the arrest of Keonna Rodriguez, the head of Samourai Wallet, by the US Department of Justice added to the market's unease. 🚨
🗣 However, much of this market movement can be attributed to post-halving uncertainties. The market is currently craving catalysts for movement, meaning even minor local news could trigger reactions from BTC in the near future. 📰⚡
Stay informed and keep an eye out for any developments as the market navigates through these uncertain times! 🚀💰 #BTC #ETH #BNB
Bạn sẽ bỏ lỡ những token x10 - x20 nếu mắc phải các loại bẫy của thị trường. Làm cách nào để vượt qua những cái bẫy này?
1. Liquidity hunt. Săn thanh khoản hay quét stoploss là từ dùng để chỉ việc các Market Maker (MM) kéo giá token xuống những vùng được trader đặt nhiều Stoploss để thanh lý những lệnh đó, MM sẽ mua được lượng token giá rẻ, sau đó đẩy giá tăng mạnh, buộc trader phải mua token giá cao hơn.
Khi trading spot, để tránh liquidity hunt bạn không nên cài sẵn Stoploss với Limit Order, hãy để giá chạy và đợi đóng nến D1 trở lên, ngoài ra đặt Stoploss xa hơn cũng hạn chế rủi ro bị quét thanh khoản. Còn nếu bạn là holder, đơn giản là hold token thật chắc trong giai đoạn này.
2. FUD. Đội ngũ dự án, backer hay MM hoạt động chặt chẽ với các công ty truyền thông để đưa ra một số FUD không đúng sự thật, khiến các nhà đầu tư phải panic sell. Những FUD này không hoàn toàn là Fake News, có những FUD cực lớn có thể hủy hoại cả một dự án (ví dụ như LUNA & UST).
Nếu bạn quyết định bán token vì tin tức nào đó, hãy bình tĩnh và đánh giá tình hình. Đầu tiên đánh giá mức độ nghiêm trọng của FUD, sự thật về FUD, khả năng tác động như thế nào. Nếu các yếu tố trên chưa đủ nghiêm trọng, bạn có thể phớt lờ FUD và đơn giản là hold token. Tuy nhiên, nếu mọi chuyện thật sự nghiêm trọng, có thể ảnh hưởng mạnh toàn bộ dự án về mặt giá trị, pháp lý hay bảo mật, bạn có thể cân nhắc bán sớm nhất có thể.
Hold token 10x không phải hiếm, nhưng chắc chắn quá trình hold không hề dễ dàng. Hy vọng những tips chúng mình đưa ra sẽ giúp các bạn gia tăng tài sản thật tốt trong thời gian tới.
Follow kênh để nhận thêm nhiều insights giá trị nhé!
#Binance #BNB $PEPE $DOT
1. Liquidity hunt. Săn thanh khoản hay quét stoploss là từ dùng để chỉ việc các Market Maker (MM) kéo giá token xuống những vùng được trader đặt nhiều Stoploss để thanh lý những lệnh đó, MM sẽ mua được lượng token giá rẻ, sau đó đẩy giá tăng mạnh, buộc trader phải mua token giá cao hơn.
Khi trading spot, để tránh liquidity hunt bạn không nên cài sẵn Stoploss với Limit Order, hãy để giá chạy và đợi đóng nến D1 trở lên, ngoài ra đặt Stoploss xa hơn cũng hạn chế rủi ro bị quét thanh khoản. Còn nếu bạn là holder, đơn giản là hold token thật chắc trong giai đoạn này.
2. FUD. Đội ngũ dự án, backer hay MM hoạt động chặt chẽ với các công ty truyền thông để đưa ra một số FUD không đúng sự thật, khiến các nhà đầu tư phải panic sell. Những FUD này không hoàn toàn là Fake News, có những FUD cực lớn có thể hủy hoại cả một dự án (ví dụ như LUNA & UST).
Nếu bạn quyết định bán token vì tin tức nào đó, hãy bình tĩnh và đánh giá tình hình. Đầu tiên đánh giá mức độ nghiêm trọng của FUD, sự thật về FUD, khả năng tác động như thế nào. Nếu các yếu tố trên chưa đủ nghiêm trọng, bạn có thể phớt lờ FUD và đơn giản là hold token. Tuy nhiên, nếu mọi chuyện thật sự nghiêm trọng, có thể ảnh hưởng mạnh toàn bộ dự án về mặt giá trị, pháp lý hay bảo mật, bạn có thể cân nhắc bán sớm nhất có thể.
Hold token 10x không phải hiếm, nhưng chắc chắn quá trình hold không hề dễ dàng. Hy vọng những tips chúng mình đưa ra sẽ giúp các bạn gia tăng tài sản thật tốt trong thời gian tới.
Follow kênh để nhận thêm nhiều insights giá trị nhé!
#Binance #BNB $PEPE $DOT
🔶 BNB chain lights up the crypto sky with a dazzling 70% surge in revenue, painting a picture of success that's impossible to ignore!
🔸 Despite facing regulatory headwinds, Binance Smart Chain (BNB) soared to new heights in Q1 2024, raking in a whopping $66.8 million in revenue. While daily transactions saw a slight dip, the number of active addresses skyrocketed by 26%, showcasing the unwavering resilience of the BNB ecosystem.
🔸 Amidst this meteoric rise, one token shines brighter than the rest – MVP! Launched just months ago, MVP has quickly become the darling of crypto enthusiasts, with its market cap soaring to nearly $7 million. Positioned as a key player in the "PolitiFi narrative," MVP's journey to the top 100 cryptocurrencies is nothing short of sensational.
🔸 With an impressive daily trading volume growth of +9.34% and trading at $0.145899 USD, MVP stands tall, surpassing the likes of Hedera (HBAR) and making waves as one of the hottest tokens on Coinmarketcap. Teamed up with its partner in triumph, STRUMP (Super Trump), MVP is paving the way for a revolution in the crypto world.
🔸 BNB's recent move to embrace meme tokens through the 'meme innovation campaign' has sparked excitement among developers worldwide, further cementing MVP's position for a grand slam. As meme tokens continue to carve out their space on the BNB chain, MVP's journey towards the stars seems unstoppable.
$BNB #BNB #BNBChainSunset 🚀✨
🔸 Despite facing regulatory headwinds, Binance Smart Chain (BNB) soared to new heights in Q1 2024, raking in a whopping $66.8 million in revenue. While daily transactions saw a slight dip, the number of active addresses skyrocketed by 26%, showcasing the unwavering resilience of the BNB ecosystem.
🔸 Amidst this meteoric rise, one token shines brighter than the rest – MVP! Launched just months ago, MVP has quickly become the darling of crypto enthusiasts, with its market cap soaring to nearly $7 million. Positioned as a key player in the "PolitiFi narrative," MVP's journey to the top 100 cryptocurrencies is nothing short of sensational.
🔸 With an impressive daily trading volume growth of +9.34% and trading at $0.145899 USD, MVP stands tall, surpassing the likes of Hedera (HBAR) and making waves as one of the hottest tokens on Coinmarketcap. Teamed up with its partner in triumph, STRUMP (Super Trump), MVP is paving the way for a revolution in the crypto world.
🔸 BNB's recent move to embrace meme tokens through the 'meme innovation campaign' has sparked excitement among developers worldwide, further cementing MVP's position for a grand slam. As meme tokens continue to carve out their space on the BNB chain, MVP's journey towards the stars seems unstoppable.
$BNB #BNB #BNBChainSunset 🚀✨
Everyone 💙 Don't Think #OMNI Is Dead
OMNI Is Most Powerful Profit
It's Listing Price is 55$
All Time Low Right Now
After 1 year OMNI 500$ to 900$
Don't Missed #OMNI
OMNI is Down Because Of Market All Market Down Right Now.
Keep Hold Your OMNI Don't Panic
#BinanceLaunchpool #bitcoinhalving #BNB
$OMNI
OMNI Is Most Powerful Profit
It's Listing Price is 55$
All Time Low Right Now
After 1 year OMNI 500$ to 900$
Don't Missed #OMNI
OMNI is Down Because Of Market All Market Down Right Now.
Keep Hold Your OMNI Don't Panic
#BinanceLaunchpool #bitcoinhalving #BNB
$OMNI
🔥💥Binance 53 Launchpool Project Renzo overview #BNB Staking use case review
Renzo Launchpool details 🔥👈
Overview of the Renzo (#REZ ) Protocol
Renzo (REZ) is a groundbreaking liquid repurchase protocol designed to increase staking and liquidity in the crypto ecosystem. This protocol offers the possibility of maintaining stake liquidity while protecting assets, which is usually not possible in traditional staking scenarios where objects are locked.
Earning REZ Tokens by Farming
Starting at 00:00 UTC on April 24, 2024, users will have the opportunity to farm REZ tokens by staking BNB and FDUSD in separate pools. This ploughing will end at 23:59 UTC on April 29, 2024.
The Tokenomics of REZ
- Maximum Token Supply: 10 billion REZ tokens
- Launchpool Token Rewards: 250 million REZ tokens (2.5% of the maximum supply)
- Initial Circulating Supply: 1.05 billion REZ tokens (10.5% of the maximum supply)
Staking Details
In order for participants to be eligible, the Know Your Customer (KYC) procedures must be completed. In addition, there are restrictions on the REZ token exchange periods that a student can earn, which are set at 147,569.44 REZ in the BNB pool and 26,041.67 REZ in the FDUSD pool.
Supported Pools
- BNB Pool: worth 212.5 million REZ (85% of the total prices)
Staking BNB
- FDUSD Pool: worth 37.5 million REZ (15% of total prices)
Stake FDUSD
Listing and Trading
Binance plans to list REZ tokens on April 30, 2024, at 12:00 UTC. The available trading pairs will be REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. This listing will take place immediately after the development of farming, allowing users to immediately trade tokens of farming activities.
#RENZOLAUNCHPOOL #BinanceLaunchpool
Renzo Launchpool details 🔥👈
Overview of the Renzo (#REZ ) Protocol
Renzo (REZ) is a groundbreaking liquid repurchase protocol designed to increase staking and liquidity in the crypto ecosystem. This protocol offers the possibility of maintaining stake liquidity while protecting assets, which is usually not possible in traditional staking scenarios where objects are locked.
Earning REZ Tokens by Farming
Starting at 00:00 UTC on April 24, 2024, users will have the opportunity to farm REZ tokens by staking BNB and FDUSD in separate pools. This ploughing will end at 23:59 UTC on April 29, 2024.
The Tokenomics of REZ
- Maximum Token Supply: 10 billion REZ tokens
- Launchpool Token Rewards: 250 million REZ tokens (2.5% of the maximum supply)
- Initial Circulating Supply: 1.05 billion REZ tokens (10.5% of the maximum supply)
Staking Details
In order for participants to be eligible, the Know Your Customer (KYC) procedures must be completed. In addition, there are restrictions on the REZ token exchange periods that a student can earn, which are set at 147,569.44 REZ in the BNB pool and 26,041.67 REZ in the FDUSD pool.
Supported Pools
- BNB Pool: worth 212.5 million REZ (85% of the total prices)
Staking BNB
- FDUSD Pool: worth 37.5 million REZ (15% of total prices)
Stake FDUSD
Listing and Trading
Binance plans to list REZ tokens on April 30, 2024, at 12:00 UTC. The available trading pairs will be REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY. This listing will take place immediately after the development of farming, allowing users to immediately trade tokens of farming activities.
#RENZOLAUNCHPOOL #BinanceLaunchpool
BNB Chain Records Exceptional Growth in Q1 2024: A Detailed Financial and Operational Report
BNB Chain has reported significant growth in the first quarter of 2024, according to a detailed financial analysis released by Messari on April 24. The platform's market capitalization soared to an impressive $92.5 billion, marking an 89% increase from the previous quarter and securing its position as the third-largest cryptocurrency by market cap, behind Ethereum and Bitcoin.
Financial Performance Highlights
The BNB Chain witnessed a substantial rise in revenue, reaching a record $66.8 million in Q1 2024, a 70% increase from $39.2 million in the prior quarter. This achievement represents the highest revenue quarter since the inception of the BNB Chain.
This growth was primarily fueled by the appreciation of BNB's price. Although the revenue in terms of BNB tokens increased modestly by 2% from 162,600 to 166,500 BNB, the translation into USD showed a significant impact.
Decentralized Finance (DeFi) transactions remained the largest revenue contributor, accounting for 46% of total revenue with 76,200 BNB generated in gas fees. This represents a 1.7% increase from the previous quarter. On the other hand, revenue from stablecoin transactions saw a significant rise of 29%, from 19,500 to 25,100 BNB, reflecting the increased adoption of stablecoins on the platform.
Conversely, sectors like Gaming and Infrastructure experienced declines, with Gaming revenues falling by 67% to 3,200 BNB and Infrastructure revenues decreasing by 9% to 9,000 BNB.
Supply Dynamics and Network Security
Originally launched with a total token supply of 200 million in July 2017, BNB's supply mechanics are designed to be deflationary, featuring several burning mechanisms. By the end of Q1 2024, the circulating supply of BNB decreased to 153.9 million tokens, illustrating a negative annualized inflation rate of 2.9%.
In terms of network activity, average daily transactions decreased by 9% to 4.2 million, largely due to reduced inscription-related activities. Despite this, daily active addresses increased by 26% year-over-year to 1.3 million, indicating robust user engagement.
Security remains paramount for BNB Chain, which utilizes a Proof-of-Staked Authority (PoSA) consensus mechanism. The network consistently maintained 40 validator nodes, ensuring decentralized security and operational efficiency. The total amount of BNB staked rose by 6% to 23.4 million, with the dollar value of staked BNB surging by 101% due to the token's price appreciation.
Technical Developments and Future Outlook
The quarter also featured several important technical upgrades. The BNB Greenfield Manchurian Hard Fork on January 16 introduced new features and bug fixes, followed by the BNB Smart Chain Kepler Hard Fork on January 23, which implemented various Blockchain-specific proposals to streamline smart contract operations and reduce costs. The BNB Greenfield Ural Hard Fork on March 14 further enhanced cross-chain operations and account permissions.
Looking ahead, BNB Chain plans to sunset the BNB Beacon Chain, consolidating its staking and governance mechanisms into the main BNB Smart Chain, indicating a strategic pivot towards simplifying and strengthening its blockchain infrastructure.
$BNB #Binance #BNB
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Financial Performance Highlights
The BNB Chain witnessed a substantial rise in revenue, reaching a record $66.8 million in Q1 2024, a 70% increase from $39.2 million in the prior quarter. This achievement represents the highest revenue quarter since the inception of the BNB Chain.
This growth was primarily fueled by the appreciation of BNB's price. Although the revenue in terms of BNB tokens increased modestly by 2% from 162,600 to 166,500 BNB, the translation into USD showed a significant impact.
Decentralized Finance (DeFi) transactions remained the largest revenue contributor, accounting for 46% of total revenue with 76,200 BNB generated in gas fees. This represents a 1.7% increase from the previous quarter. On the other hand, revenue from stablecoin transactions saw a significant rise of 29%, from 19,500 to 25,100 BNB, reflecting the increased adoption of stablecoins on the platform.
Conversely, sectors like Gaming and Infrastructure experienced declines, with Gaming revenues falling by 67% to 3,200 BNB and Infrastructure revenues decreasing by 9% to 9,000 BNB.
Supply Dynamics and Network Security
Originally launched with a total token supply of 200 million in July 2017, BNB's supply mechanics are designed to be deflationary, featuring several burning mechanisms. By the end of Q1 2024, the circulating supply of BNB decreased to 153.9 million tokens, illustrating a negative annualized inflation rate of 2.9%.
In terms of network activity, average daily transactions decreased by 9% to 4.2 million, largely due to reduced inscription-related activities. Despite this, daily active addresses increased by 26% year-over-year to 1.3 million, indicating robust user engagement.
Security remains paramount for BNB Chain, which utilizes a Proof-of-Staked Authority (PoSA) consensus mechanism. The network consistently maintained 40 validator nodes, ensuring decentralized security and operational efficiency. The total amount of BNB staked rose by 6% to 23.4 million, with the dollar value of staked BNB surging by 101% due to the token's price appreciation.
Technical Developments and Future Outlook
The quarter also featured several important technical upgrades. The BNB Greenfield Manchurian Hard Fork on January 16 introduced new features and bug fixes, followed by the BNB Smart Chain Kepler Hard Fork on January 23, which implemented various Blockchain-specific proposals to streamline smart contract operations and reduce costs. The BNB Greenfield Ural Hard Fork on March 14 further enhanced cross-chain operations and account permissions.
Looking ahead, BNB Chain plans to sunset the BNB Beacon Chain, consolidating its staking and governance mechanisms into the main BNB Smart Chain, indicating a strategic pivot towards simplifying and strengthening its blockchain infrastructure.
$BNB #Binance #BNB
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
😱🚀🚀BNB Coin may rise to $650 next week Data confirms this!
The BNB has risen by more than 8% in the last seven days.
Most metrics and indicators have shown a bullish trend on the coin.
BNB displayed a promising bull rally last week, as its price increased by over 8%. While this was happening, a bullish pattern appeared on the price chart of the coin. If the BNB successfully breaks above the pattern, its price may fluctuate northward.
Bullish formation on the BNB chart
After a comfortable weekly rally, the coin's volatility fell as it moved only marginally on the last day. According to Coinmarketcap, the price of bnb has fallen by 2% in the last 24 hours.
However, the volatility of the bnb may be restored soon.
Captain Faibik, a popular crypto analyst, recently posted a tweet mentioning the formation of a bullish symmetrical triangle formation on the coin's price chart. A successful break on the model can also allow the price of bnb to rise by more than 40%.
Investors also seemed quite confident about the #BNB and expected its value to rise. This was evident from the fact that the weighted sentiment of the coin rose on April 25.
Reflecting its popularity in the crypto space, its social volume also remained high.
Is a bull run inevitable?
In addition, the October funding rate has fallen sharply. In general, prices tend to move in a direction other than the financing rate, which points to a bull rally in the coming days.
The technical indicators also seemed quite optimistic. For example, the Chaikin Money Flow (CMF) was standing well above the neutral mark of 0. It had a value of 0.15 at press time.
According to our analysis, it is very important for the bnb to rise above $ 620, as the liquidation will increase sharply at this level. An increase in liquidation usually results in a price correction. A successful break above this level can allow the price of the coin to rise above $ 650.
#BullorBear #binance #BNBUSDT
The BNB has risen by more than 8% in the last seven days.
Most metrics and indicators have shown a bullish trend on the coin.
BNB displayed a promising bull rally last week, as its price increased by over 8%. While this was happening, a bullish pattern appeared on the price chart of the coin. If the BNB successfully breaks above the pattern, its price may fluctuate northward.
Bullish formation on the BNB chart
After a comfortable weekly rally, the coin's volatility fell as it moved only marginally on the last day. According to Coinmarketcap, the price of bnb has fallen by 2% in the last 24 hours.
However, the volatility of the bnb may be restored soon.
Captain Faibik, a popular crypto analyst, recently posted a tweet mentioning the formation of a bullish symmetrical triangle formation on the coin's price chart. A successful break on the model can also allow the price of bnb to rise by more than 40%.
Investors also seemed quite confident about the #BNB and expected its value to rise. This was evident from the fact that the weighted sentiment of the coin rose on April 25.
Reflecting its popularity in the crypto space, its social volume also remained high.
Is a bull run inevitable?
In addition, the October funding rate has fallen sharply. In general, prices tend to move in a direction other than the financing rate, which points to a bull rally in the coming days.
The technical indicators also seemed quite optimistic. For example, the Chaikin Money Flow (CMF) was standing well above the neutral mark of 0. It had a value of 0.15 at press time.
According to our analysis, it is very important for the bnb to rise above $ 620, as the liquidation will increase sharply at this level. An increase in liquidation usually results in a price correction. A successful break above this level can allow the price of the coin to rise above $ 650.
#BullorBear #binance #BNBUSDT
LIVEEnes
--
Bullish
I was trying to get airdrop from projects 📦📦📦
I was conecting my wallet everywhere these days 😅😅😅
Then my wallet stolen and i qualify for $ARB airdrop 🥲🥲🥲
I took my arb`s but it was too risky 😂😂😂
This is my scam story Be aware what you are doing 👍👍👍
‼️‼️‼️#ScamRiskWarning ‼️‼️‼️
I was conecting my wallet everywhere these days 😅😅😅
Then my wallet stolen and i qualify for $ARB airdrop 🥲🥲🥲
I took my arb`s but it was too risky 😂😂😂
This is my scam story Be aware what you are doing 👍👍👍
‼️‼️‼️#ScamRiskWarning ‼️‼️‼️
LIVEEnes
--
$BTC NEXT STOP ❓🤔🤔🤔
#ScamRiskWarning #Megadrop #BullorBear
#ScamRiskWarning #Megadrop #BullorBear
