BNB extended its recent gains over the past 24 hours up 1.7% and is trading around $906.
Price action during the period reflects stable demand rather than a direct breakout, according to CoinDesk Research’s technical analysis data model. BNB posted a streak of higher lows and spent much of the period consolidating between the $890 high and $900 low.
Trading volume increased during the push through $900 and then declined as the price probed higher levels, suggesting buyers were less aggressive near resistance.
Technically, BNB remains compressed between two well-defined boundaries. Growing support off the December lows continues to support the price, while a descending resistance area near $910 has capped the follow-through. The structure indicates balance rather than direction, with neither party yet in control.
Beyond the charts, traders also evaluate developments on the BNB chain itself. The network’s technical roadmap for 2026 targets 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 reduce fees and confirmation times, a change that could matter if developers and users respond as expected. Attention is also focused on the Fermi hard fork scheduled for mid-January.
The upgrade adjusts system settings and requires validators to update their software. Although such ranges are common, they often coincide with short-term volatility as the market reprices risk.
For now, BNB’s price near $906 reflects this tension. The market is digesting a recent rise while waiting to see if technical pressure or network progress will set the tone.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial team for accuracy and compliance with our standards. For more information, see CoinDesk’s full AI policy.
