BNB, the native token of the binance ecosystem, organized a rapid return after a market of turbulence on the market has shaken the larger cryptography market.
The part increased by more than 4% compared to the lowest of this week and is up approximately 0.7% in the last 24 hours, blatant from a drop to $ 631 to around $ 657 after having formed a V -shaped recovery model, depending on the CoindSk Research technical analysis data model.
The rebound came as the uncertainty associated with a thrust between American president Donald Trump and the CEO of Tesla, Elon Musk, who triggered a sale for risk assets began to disappear.
The fundamentals of the BNB channel have improved. Daily active users jumped from 26.4% to 1.2 million, while revenues in T1 2025 increased by 58% compared to the previous quarter to $ 70.8 million, according to a Messari report.
Technical graphics show that BNB has reached resistance around $ 657 after heavy purchases at $ 650. A critical pivot is now at $ 654, with traders who envisage American inflation data, which should be published this Wednesday, for indices at the next decision.
Meanwhile, Binance looks at innovation. His hackathon of June 9 opened new tracks in decentralized science and physical infrastructure.
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